Last week, the Bank of Canada (BoC) cut their overnight rate by 0.25%. The move surprised all the so-called ‘Financial Experts’… (well, not me… As I had suggested rates were … Continue Reading BIG SIX BANKS finally cut Prime rate.. Well, sort of…!
Yesterday’s rate cut announcement by the Bank of Canada (BOC) governor, Stephen Poloz, caught all Economists by surprise. The BOC cut their overnight rate by 0.25%. Historically, and traditionally, … Continue Reading TD green or TD GREED?!. as they refuse to lower the Prime rate!!
FEAR..! They say fear motivates us to do things we shouldn’t. If you’ve been reading the News Headlines for the past several weeks, you’ve been hammered with RATE HIKE FEARS! … Continue Reading Bank of Canada Rate cut is positive news… don’t listen to fear mongers.
Last week, I made a bold statement about interest rates. I said rates will remain low for some time. And they could even decline. That forecast was met with a … Continue Reading Interest rate surprise? Not to our readers! : Bank of Canada drops key lending rate to 0.75%
Here we go again… The beginning of a new year, and the same annual forecasts for interest rates to go up! Before I share my thoughts.. Here’s some of … Continue Reading So, you think rates are gonna spike up this year? Who says?