Tariffs mean higher inflation, interest rates: Economist

Moshe Lander, Concordia University economics professor told CTV News Wednesday the tariffs associated with the trade war increase the inflation rate. He says higher inflation means higher interest rates.

Interest rates like ‘a rollercoaster ride’

Frank Napolitano from Mortgage Brokers Ottawa told CTV Morning Live Tuesday interest rates have been like “a rollercoaster ride,” up one week and down the next. He says the markets have been shifting depending on Trump’s social media posts.

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