Wednesday, 25 November 2015

Canada Interest Rate December

What will be the result of the December 2nd Bank of Canada interest rate announcement?
Rate Cut: 15%
Unchanged Rate: 80%
Rate Increase: 5%

The next interest rate announcement will take place on December 2nd.  The expectation seems to be that rates will stay the same, or perhaps fall further (see story here).  A rate increase seems to be very unlikely at this point.  I am going with the same odds I used in my October prediction.

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