The Bank of Canada’s second in command said the central bank is limited in what it can do to address home prices, arguing that the housing market should remain an input and not a target of interest rate decisions.
Erik Hertzberg is a journalist at various esteemed publications including BusinessMirror and The Australian Financial Review. He specializes in the banking, finance, and business sectors, focusing on themes such as economic policy, capital markets, and international trade. Erik's work has been featured in prominent outlets like Yahoo Finance, Bloomberg News, and Fortune, highlighting his expertise in both local and global economic issues.