January Edition of Portfolio Construction: Rising Inflation Inevitably Leads to Bank Rate Hikes
Inflation and interest rates continue dominating news headlines as we begin 2022. Supply chain disruptions and higher oil prices have contributed to inflation recently topping 7% in the U.S. and 4.7% in Canada. It’s widely expected the Fed and Bank of Canada will raise interest rates soon to combat inflation. Senior Vice President and Chief Investment Officer Alfred Lam, explores the effect rate hikes could have on economic growth, markets and investment decisions during the year ahead.
Download the full report here. (PDF)