There have been some updates to interest rate forecasts since our last review of rates in March. The overall trend is upward but there are differing opinions on how high rates will rise.
All tagged Economy
There have been some updates to interest rate forecasts since our last review of rates in March. The overall trend is upward but there are differing opinions on how high rates will rise.
The Bank of Canada just kept the overnight rate at 1.25% but leading economists expect hikes throughout the course of the year. Why is this the case and why does it matter?