ANALYSIS | Why the Bank of Canada is expected to (finally) leave interest rates unchanged | CBC News

Why wouldn’t it lie like it did before?

Thinking Bank rates work to adjust employment s not inflation directly. If the bank thinks we are over employed, the rates rise. Then companies don't need to pay large raises, product cost comes down as demand softens. Give it 1-2 years to take affect. Then people complain again

Well, ppl voted liberals in so .....

So by hitting pause it'll only be a moderate 25 basis points.

Lol, we all know unemployment is 'too low'. Need that invisible hand of the market to crush workers...

Roll them back. It’s killing us. Tax the banks.

“The curious task of economics is to demonstrate to men how little they really know about what they imagine the can design.” ― F. A. Hayek

A Bank of Canada promise is as good as...crypto

Hahaha

Don't count on a pause from this bankster They want to really make you hurt from the very inflation that they are responsible for creating

Avoiding the inevitable for a corrupt Trudeau regime.

Are we placing bets?

The most expensive stare contest.

I love a good interest rate unveiling. When the interest rates remain hidden behind the veil, it's really not fair.

That's all fine and dandy and our dollar took a hit because the US is not pausing. However the banks aren't basing their mortgages on Canadian prime rates and the rates they do base it on are starting going up again.

well the 1800% increase from .25 to 4.5 will need some time to settle. 500k immigrants to Canada most of which end up in Toronto or Vancouver wont cool housing anytime soon

I didn't find a cheaper house selling even after Interest rate hike... not even no cheaper groceries in any stores... so wht is the real sense of this increase... May be only Beneficial to Bank and other financial lending Owners...

That last paragraph is really something 'no good news for workers' 👍

That fella looks like something from castle grayskull. Yikes

Just to keep the liberals alive. They should raise at least another 50 basis points so they can lower faster afterwards

Way to early these guys just gave cold fèt.

Don't expect inflation to decline any time soon then.

Corporate Greed is the issue, control that.

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Bank of Canada: What economists are expecting from the next policy announcement - BNN Bloomberg​Economists expect the Bank of Canada will hold interest rates at its key policy announcement next Wednesday, but experts say the bigger question is what happens after the March meeting. Lemme guess they give themselves 275% raises. Tiff Magoo can answer that by raising next week, because he is falling behind again, and inflation expectations are rooting deeply. BoC will feel the pressure to resume the interest rate hiking cycle. Economy is still string and jobs growth is robust. Inflation is not showing much signs of returning to 2% target in next couple years.
Source: BNNBloomberg - 🏆 83. / 50 Read more »