Higher Interest Rates and Stubborn Inflation - Are They Here to Stay?

DFI30 joined by special guest, Jeff Rubin, a Canadian economist and author. Jeff discusses interest rates and stubborn inflation, a popular topic which he cover in his new book, A Map of the New Normal: How Inflation, War, and Sanctions Will Change Your World Forever. Doug Hoyes and Jeff discuss inflation, sanctions and their impact on Canadian wages and employment. The conversation also touches on the Bank of Canada, bond yields, mortgages, interest rates, international trade, and the potential for a recession in the near future. Time Stamps: 00:00 Introduction 03:45 Inflation 10:47 What does the central bank do to make inflation higher or lower? 19:33 Mortgages and Interest rates 24:15 Are we in a recession now? 26:07 Credit card debt 27:37 Predictions for the future of Canada’s economy Related Links: A Map of the New Normal: How Inflation, War, and Sanctions Will Change Your World Forever by Jeff Rubin on Amazon https://amzn.to/4a5dSQI The Expendables - How the Middle Class Got Screwed by Globalization by Jeff Rubin on Amazon https://amzn.to/3UKTorM Globalization, Inequality and Debt with Jeff Rubin – Episode 317    • Globalization, Inequality and Debt With Je...   Jeff Rubin X   / jeffrubin   #interestrates #inflation #debt #economy #economist #economics #stagflation #sanctions #inflationrate #podcast