Interest Rates Held Steady Amid Trade Storm Clouds.
All tagged bank of canada
Interest Rates Held Steady Amid Trade Storm Clouds.
Likely a Continued Pause in the Easing Cycle
The BoC stops and peers through the fog of the trade war
Canadians will likely wait until summer before more mortgage rate relief arrives.
What will the bank do to re-establish trust?
Could 5-year mortgage rates stabilize in the 4-7% range?
The Bank of Canada reduced its target overnight rate by ¼ percent to 4½ percent
Rates are now expected to remain higher for longer.