Word on the street is this past month was the Bank of Canada’s interest rate overnight hike, but do not fret, Carla will be your Wonderwall to guide you through these unprecedented times. Thankfully Carla isn’t an imaginary friend, like Noel Gallagher sings about, and she is behind the mic to help save you from your thoughts as you read the lasted headlines about the overnight rate hike. But, what do these headlines even mean and how will it affect your financial future? On today’s episode, Carla teaches a crash course in economics so you don’t have to think all the way back to high school, and she breaks down the roles and responsibilities of The Bank of Canada. Let’s cross our fingers and toes that precedented times are making a comeback soon!  

Today’s topics include: 

• The meaning of inflation and how it affects your life 
  
• What is an interest rate overnight hike 
  
• Supply and demand 
  
• Savings strategies and debt consolidation 
  

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