Avid Amoeba to [email protected] • 1 day agoBank of Canada cuts interest rate by 25 basis points to 3%www.cbc.camessage-square2fedilinkarrow-up121arrow-down10file-text
arrow-up121arrow-down1external-linkBank of Canada cuts interest rate by 25 basis points to 3%www.cbc.caAvid Amoeba to [email protected] • 1 day agomessage-square2fedilinkfile-text
minus-square@FireRetardantlink7•1 day agoAlso promotes higher house prices. 3% is still very low if we look back farther than 10 years.
Great for mortgages/loans, sucks for new GICs/bonds.
Also promotes higher house prices. 3% is still very low if we look back farther than 10 years.