Canada's economy flashing red! After just a 25-basis-point rate hike, employment plunged by nearly 50,000 and GDP came to a complete standstill. Market heavyweight fires back: "The central bank's decision was based on 'questionable data'!" The gap between economic reality and the central bank's expectations is enormous. Could $BTC become a safe haven for capital? What's next for $CAD?
Canada's economy flashing red! Just raised rates 25bps, employment plunges 50k, GDP stagnates. Expert slams: "Central bank based decisions on dubious data!" Reality vs expectations - huge gap. Could $BTC become a safe haven? What's next for $CAD?
#Crypto #MonetaryPolicy
Canada's economy flashing red! Just raised rates 25bps, employment plunges 50k, GDP stagnates. Expert slams: "Central bank based decisions on dubious data!" Reality vs expectations - huge gap. Could $BTC become a safe haven? What's next for $CAD?
#Crypto #MonetaryPolicy