CPI For April 2009 at 0.4% Wow
CPI for April 2009 was at 0.4% and at the time Inflation was a very big concern going forward. Didn’t happen, really, or did it?
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Inflation
Enough Stimulation Big Boy
The economic stimulation that cheap interest rates have set up, has now trapped governments into keeping rates low for fear of causing cataclismic failures. This has been going on since 2009?
Nothing Like a Pandemic…
Nothing like a pendemic to get your collective thoughts going eh? Back in 2009 we thought we had a bad one, little did we know…
0.25 % Interest Rates, Holy Cow!!!!
In April 2009, the Bank of Canada shocked the financial world by lowering its key overnight rate to just 0.25%, marking the brink of “free money” territory. This post captures the economic anxiety of the time: a collapsing economy, deflation fears, and uncertainty around whether the big banks would pass the savings on to consumers. Through a personal and humorous lens, it examines how rapidly shifting interest rates reshape our expectations about inflation, savings,
Consumer Price Index Down a Little for March 2009
Food prices up 7.9% in Canada in March 2009, which really did hurt. Inflation hurts.
