Rising interest rates could dampen stimulus impact: PBO

Author: External Author | | Categories: Mortgage Agent , Mortgage Services

Blog by PASH Financial / Mortgage Architects

The parliamentary budget officer (PBO) is pouring cold water on the economic fires from the government’s latest spending plan, saying that an expected rise in interest rates should temper the amount of stimulus from the Trudeau Liberals’ budget.

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Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Jordan Press, Canadian Press

Original Article Posted on:  May 27, 2021

Link to Original Article:  https://www.advisor.ca/news/economic/rising-interest-rates-could-dampen-stimulus-impact-pbo/



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