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.
No comments:
Post a Comment