Bank of Canada affraid to cut down rates
As the housing market catches flame, the central bank decides to leave interest rates unaltered at 5%. Governor Tiff Macklem of the Bank of Canada announced that interest rates will be retained at their current levels. Lowering them could potentially unravel the successful efforts made thus far in controlling inflation. The Bank of Canada, […]
Bank of Canada Policy Interest Rate Schedule
“CURRENT POLICY INTEREST RATE: 5.00% (Updated like on March 5, 2024)Guess you might have heard about the Bank of Canada’s interest rate, right? Whether you are a homeowner, a looking to buy a home person, or simply looking to own some real estate, you can’t simply ignore the Bank of Canada’s interest rate announcements. They […]