Where are Interest rates headed?
Thursday Nov 9th, 2023
ShareCompliments of the BDC, Nov 2023 Economic letter Where are interest rates headed? In its last two rate announcements, the Bank of Canada opted to maintain the status quo, keeping its key rate at 5.0% since July 12. Now that the U.S. Federal Reserve has also hit pause on its rate hikes, many are wondering if we could actually be done with tightening for this cycle. Could we even expect the Canadian central bank to lower rates soon? Is the Bank of Canada done... [read more]