/**
 * =============================================================================
 * QWHPI — Quebec Weekly Housing Price Index
 * Author  : Simon-Pierre Boucher
 * Contact : contact@spboucher.ai
 * File    : web/lib/events.ts
 * Purpose : Market event annotations (Bank of Canada policy milestones)
 *           overlaid on index charts.
 * =============================================================================
 */

export interface MarketEvent {
  period: string; // YYYY-MM
  label: string;
  short: string;
}

// Bank of Canada policy-rate milestones relevant to the 2021-2026 window.
export const MARKET_EVENTS: MarketEvent[] = [
  { period: "2022-03", label: "BoC starts hiking (0.25% → 0.50%)", short: "First hike" },
  { period: "2022-07", label: "BoC +100 bp surprise hike", short: "+100 bp" },
  { period: "2023-07", label: "Policy rate peaks at 5.00%", short: "Peak 5%" },
  { period: "2024-06", label: "BoC first rate cut", short: "First cut" },
];