For a long time during the current rate cycle, the continued expectation of rising betas was akin to the “Boy Who Cried Wolf.”

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For a long time during the current rate cycle, the continued expectation of rising betas was akin to the “Boy Who Cried Wolf.”
novantas perspective
The outlook for deposits should be at the top of bankers’ minds following the Bank of Canada’s recent rate hike, which represented its fourth — and a cumulative 100 bp — move in the past year.