Rates are now expected to remain higher for longer.
All tagged bank of canada
Rates are now expected to remain higher for longer.
Cutting rates too soon could reignite the housing market, undermining progress on inflation.
Inflation & global uncertainty will likely lead Bank to hold steady
The Central Bank Signals Potential Shift Towards Future Cuts
A slower economy and inflation give the Bank of Canada pause.
Don’t use quantitative easing (QE), to protect banks against their poor business decisions.
The Bank of Canada rate announcement on October 30th, 2019 has left interest rates unchanged.