François Legault assesses the chances of a recession in Quebec at 50%.
“I think we may be 50-50 that there is a recession, but if ever there is one, I think the CAQ is the best team. We will have to be smart in the way of managing the economy in the next year, ”said the Prime Minister.
However, its Minister of Finance, Eric Girard, was more reassuring by mentioning rather during the day that there is a one in three chance of suffering a recession in 2023 at this rate.
On Wednesday, the Fed in the United States raised rates by 0.75% on Wednesday and hinted that it could raise them again in July.
“This is big news, it’s been a long time since the Fed raised interest rates by 75 points. 3/4 percent at once. In addition, the Fed says that there could be other increases,” said the Prime Minister.