Ed joined BNN this morning for an interview, where he gave his thoughts on the Bank of Canada’s upcoming rate hike. He was skeptical of the idea that we are nearing the end of the rate hike cycle. While he thinks its possible, there is a lot of uncertainty. Ed stated that he is not an “inflation hawk”, and that he does not think inflation will be around for a very long time. However, he also emphasized that we do not yet know the full impact of these hikes. The Bank of Canada has signalled that they are slowing the rate hikes. Ed highlighted that the key question is: how slow?