Under the Agridome

Inflation, the Loonie and Interest Rates on the Move

Philip Shaw
By  Philip Shaw , DTN Columnist
Connect with Philip:
@agridome
It didn't take the loonie long to gain back what it had lost previously, as it is currently fluttering over the $.80 U.S. mark. (DTN file photo)
It didn't take the loonie long to gain back what it had lost previously, as it is currently fluttering over the $.80 U.S. mark. (DTN file photo)
Statistics Canada reported that Canada's gross domestic product increased by 1.1% between March and June. It means that the economy is growing rapidly and with a rapidly growing economy it's tough to contain inflation.

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Philip Shaw

Philip Shaw
About the Author
Connect with Philip:
@agridome