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Recent Posts
- Fed and Bank of England raise rates Bank of England warns of recession
- Federal Government Budget cautious document :unemployment projected to be 5.8% then fall to 5.5 % in 2022-23
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- Poli 349 AA (9930): Political and Social Theory and the City. Course outline fall 2021. Thursday 5:45-8:15 Prof. Harold Chorney (Latest Version).
- Poli 204 Course outline Prof.Chorney latest version
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Tag Archives: low inflation
Bank of Canada prematurely hikes interest rates underestimating potential damage to employment
The Bank of Canada announced a further 25 basis point increase in the bank rate despite the fact that unemployment is still above 6 % and there is absolutely no evidence of inflationary pressure in the economy. Whatever rise in … Continue reading
haroldchorneyeconomist 