Inflation keeps rising, will recession follow? Experts say ‘batten down the hatches’ - Global News


6/25/2022 12:00:00 AM3 years 8 months ago
by Craig Lord

Will Canada's economy tip into recession? Economists say it's in the cards, and warn businesses could be forced into layoffs as interest rates rise to tackle inflation.

The Bank of Canadas efforts to tamp down on persistent inflation are increasing the odds of pushing the economy into a recession in the next year, according to some economists. Consumers should star… [+5937 chars]

full article...