RE:BoC raises 1/2 bspIt was AS expected. You don't think the BOC knows what the Fed is doing next. If the Fed goes up half a point, it will signal a curtailment of hikes to smaller ones etc and the market will soar. By the time people quit talking about recession, they will have missed a nice bounce.
flamingogold wrote: Less than expected and a break for the housing industry. But, unless the FED does the same a week from today, our dollar sells off further and imports will cost more driving inflation in this country up.