Bombardier Inc. T.BBD.A

B of C rate up 25 points

[clubhouse19]

eom

[bicente]

I believe it is priced in ... might not be the last one ... no need to panic before we get hit by 1% rate hike , then we can worry ... GLTA    

[Luckyeleven]

50 points not 25. 

[Bottoms]

The Bank of Canada raised its overnight lending rate by 25 basis points to 0.50 per cent on Wednesday, marking the first time the central bank has tightened monetary policy since 2018, while highlighting how Russia's attack on Ukraine could weigh on global growth and lift commodity prices further.

[BBDB859]

The overnight rate is the only rate I pay attention to. This is the deciding factor on whether the economy is healthy or not. Something is up? If this rate keeps increasing at each rate hike?

[Shamhorish]

it looks like this rate will continue to go up if my memory did not fail me usa hinted to increase rate 3 times during 2022 by about of 0.25 point each time and i think Canada will do the same so we can expect at least 2 more rate hike of about 0.25 point each time during 2022 to reach 1% by 2022 end

[Bottoms]

Yes - rates are expected to keep going up over the next 2-3 years. I think the market has already priced all that in. The debate over the first hike was whether it would be 0.25 or 0.5. It came in at 0.25. Markets should react positively after the feds confirm the same approach.

[bicente]

Jessy Bains Wed, March 2, 2022, 10:12 a.m.     Bank of Canada Governor Tiff Macklem speaks during a news conference (REUTERS/Blair Gable) The Bank of Canada raised its target for the overnight rate to 0.50 per cent. Canada's central bank says more rate hikes are coming but says "the unprovoked invasion of

[bicente]

that's the NEW RATE ... not the raise ... GLTA  

[Teamee]

https://www.cbc.ca/ Bank of Canada hikes interest rate to 0.5% Social Sharing   More small rate hikes expected as central bank tries to rein in inflation   Pete Evans · CBC News ·  Posted: Mar 02, 2022 10:04 AM ET | Last Updated: 31 minutes ago