What will the bank do to re-establish trust?
All tagged bank of canada
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.
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