Eric Girard
Eric Girard
changes fiscal major passes remains situation time
There will have to be some major changes as time passes if the fiscal situation remains the same.
good growth hike next raise signal
The signal is that if we have good growth in 2006 but no inflation, there is no need to raise rates. I would even say, one more hike (this year), but not necessarily at the next announcement.
bank bonds canada expect inflation lower meeting next positive raise rates
You have to be positive on 10-year bonds when you expect lower inflation. I don't expect the Bank of Canada to raise rates at its next meeting because inflation is low and going lower.
inflation low number positive possible
A low inflation number is positive for bonds. It is possible that most of the tightening could be done.
created existence fiscal liberal party recognize though
The Liberal Party didn't even recognize the existence of the fiscal imbalance, even though they created it.