As mortgages are renewed at higher rates, more households will feel the restraining effects of monetary policy. Taking these forces into consideration, we expect Canadian GDP growth to be weak for the rest of this year before beginning to pick up gradually in 2024 and through 2025. 1/2  BIS - Central bankers' speeches  What does all of that mean for inflation?
It is built on the assumption that opening up market access to fintech companies will help increase competition, lower charges and spur innovation, as we have seen happen in other network industries.