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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (137993)11/22/2022 10:22:04 AM
From: Goose94Read Replies (1) of 202932
 
HUV-T: Ian Vandaelle

The Organisation for Economic Cooperation and Development (OECD) is urging central banks to stick to their guns when it comes to further interest rate increases to combat sky-high inflation. In its latest economic outlook, the OECD said further tightening is “essential” to get price pressures under control, even at the expense of economic growth. To the former, the intergovernmental organization sees inflation moderating somewhat in the year ahead. To that latter point, the OECD sees global economic growth slowing to 2.2 per cent in 2023, while here at home it sees Canadian expansion running at a paltry one per cent.

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