Tuesday, 15 March 2016

Canada Interest Rate April

What will be the result of the April 13th Bank of Canada interest rate announcement?
Rate Cut: 20%
Unchanged Rate: 75%
Rate Increase: 5%

The Bank of Canada decided to leave rates unchanged on March 9th (see article here).  The most likely outcome in April seems to be that the Bank will leave rates unchanged, but there seems to be some possibility that rates will be lowered, depending on the amount of stimulus spending in the budget.

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