Challenges and Opportunities in Northern Ireland’s Economy, Bank of Canada’s Struggle with Interest Rates

The Northern Ireland economy faces a forecasted growth of less than 1% in 2024. Meanwhile, the Bank of Canada grapples with the challenge of high inflation and a broad-based economic landscape. Discover the potential opportunities and challenges in Northern Ireland's economy, and stay informed about the factors influencing the Bank of Canada's decision on interest rates and its impact on the Canadian economy.

Sources:
https://www.bbc.com/news/uk-northern-ireland-68233998
https://www.bnnbloomberg.ca/economics/video/we-ve-skirted-a-recession-but-the-economy-is-weaker-senior-economist~2863121
https://www.bnnbloomberg.ca/economics/video/we-ve-skirted-a-recession-but-the-economy-is-weaker-senior-economist~2863121
https://www.bnnbloomberg.ca/economics/video/we-ve-skirted-a-recession-but-the-economy-is-weaker-senior-economist~2863121

Outline:
(00:00:00) Introduction
(00:00:42) NI economy: Forecasted growth less than 1% in 2024
(00:02:32) We've skirted a recession but the economy is weaker: senior economist
(00:04:01) We've skirted a recession but the economy is weaker: senior economist
(00:05:57) We've skirted a recession but the economy is weaker: senior economist