The Bank of Canada will be making a decision on the key interest rate. Tony Grace on what economists are predicting.
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Big day for record profits ??? congratulations banks ?? houses min 800-900k on lower side super high interests plus horrible low paying jobs plus carbon tax wooooww Canadian dream realized ??? ???
Former Central Bank governor Mark Carney predicts delayed interest rate cuts – as a result of profligate overspending by the LNDP coalition- which adds metaphorical "gasoline" to our country's inflationary "fire".
We can’t take it anymore. This is ridiculous!
It's not going to go down until the fall or winter at the earliest. And with all of the record spending from the government, it's only going to add more fuel to the inflation
Some economist believe an interest rate decrease now will lead to interest rates similar to the ones Canadians experienced in the 80s. Careful what you wish for.
Meh….60% of homes don’t have mortgages….not everyone is hurting
It's not gonna down until Canadians remove TRUDO SINGH Liberal Crimes party from the parliament ?
????
Such an incompetent PM…
Cut coming tomorrow, no point waiting for states at this point. No benefit to freezing, nothing to gain from data to come. We are not going to cause inflation from a rate cut. It's a one time deal like carbon tax. If you don't cut, more businesses will loose hope, close down, and investment exodus will cause inflation since dollar will go down slowly having an inflationary effect. Lower rates and strengthen investment sentiment, which will strengthen the dollar. Not to mention mortgages on variable rates will help lower rates too.
The Bank of Canada will do nothing tomorrow. They will say we are waiting for a clear sign inflation is under control.
Bank of Canada needs to be dissolved.
The Bank of Canada needs to raise interest rates half a percent to equal the Fed funds rate in America. For 200 years straight interest rates in Canada were always higher than interest rates in America before Stephen Poloz came in power.
Welcome to a great depressions 2024
Feds says $2B for AI. LOL!
Keep raising rates until the Liberals learn to control spending.
What the Hell !!?? These incompetent paid Bank of Canada employees should be fired ! Misinformation. Inflation at 3% ??? are you joking ? You should'nt have given away
$$Billions of free Covid Money to Companies, and or individuals.! no end to stupidity . 7% mortgage rate annually , 30% food inflation annually , stop the damned Ukraine and Israel
war. This is how you will control inflation.