It’s making banks rich and screwing the people as usual
Lol 'may'.
Like they hinted rates would stay low until 2023?
I remember a couple of years ago when Pierre asked what would happen if they raised interest rates. They scoffed and laughed at him before saying they had no intention to. Whoopsies, they lied 🤡.
Multi government mishandling of a weak virus plunged the world into a recession. Almost seems planned.
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Bank of Canada expected to raise key interest rateAustin Lee reports ahead of the Bank of Canada announcement where it's expected the rate will increase to 4.5 per cent.
Source: ctvottawa - 🏆 29. / 67 Read more »
Bank of Canada raises key interest rate again, signals pause in rate hikesThe Bank of Canada has raised its overnight rate by 25 basis points, moving its policy rate to 4.5 per cent from 4.25 per cent. If projections hold steady, the central bank has signalled a pause at its current rate, while it assesses the full impact of its hikes on the economy. The Bank of Canada has raised its overnight rate by 25 basis points, moving its policy rate to 4.5 per cent 'Higher than normal wage growth' I don't believe that for second. How does Tiff Macklem still have a Job? He created this inflation by creating 300 Billion in extra currency (which was the inflation) The higher prices are just a consequence of the inflation
Source: CTVNews - 🏆 1. / 99 Read more »
Bank of Canada hikes key interest rate again but plans to hold rateThe Bank of Canada raised its key interest rate by a quarter of a percentage point Wednesday and said it expects this to be the last rate hike of the cycle. System designed to keep you poor You get it yet Toronto? I’m so happy that we didn’t buy a house in Ontario and decided to buy outside of Canada.
Source: CP24 - 🏆 30. / 67 Read more »
ANALYSIS | Bank of Canada likely to raise rates again Wednesday — but should it? | CBC NewsCanada's central bank is widely expected to raise its benchmark interest rate for the 8th time in a year this week, a move that will make it even more expensive to borrow money. But for the first time in almost a year, there isn't unanimous consensus among those who watch the central bank that another hike is in the cards — or even that one should be. I love the predictions 2020: interests rates will stay low 2021: inflation is transitory 2022: ok, this may or may not be the last hike. If after three years of you watching us grasp for straws, it’s your fault if you think we know what we are talking about. No better than weathermen Raise it! Get housing costs down so people can buy! This 🇨🇦 market is so bloated, overvalued & overpriced it’s not even funny. Especially in Vancouver & Toronto! It needs to tank & bottom out. Greedy unprofessional real estate agents w/dirty tactics! Hope many lose their jobs!
Source: natnewswatch - 🏆 58. / 59 Read more »