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A comment on Bank of Canada increases overnight rate target to 1 per cent. Parent comment

Re:Bank of Canada increases overnight rate target to 1 per cent by BenoitEssiambre on Wednesday September 06, 2017 @04:13PM (#15186750)
The main inflation channel works through investment in new projects and labor. The higher asset prices cause more assets to be built. In the case of housing, more house builders get more and higher wages which they then spend which makes other prices rise.
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