Friday, 8 January 2016

Canada Interest Rate January

What will be the result of the January 20th Bank of Canada interest rate announcement?
Rate Cut: 12%
Unchanged Rate: 85%
Rate Increase: 3%

There is continuing speculation that rates may be cut (see story here).  However, given the unchanged rates in the last two meetings, I am going to increase my odds of an unchanged rate to 85% (from 80% in my last post).

No comments:

Post a Comment