TSX:NWH.DB.G - Post by User
Post by
TheBridgeon Nov 07, 2023 1:33pm
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Post# 35721871
Easing
EasingIt now looks like there's a possibility that interest rates may be cut as early as April, rather than June. This according to a Reuter's article yesterday in the G & M, " Bank of Canada Seen Starting To Cut Interest Rates in April, Survey Finds."
If there is actual activity in the takeover area you would think that they would want to carry it out prior to rates declining as that should start to push the share price upwards. If rate cuts continue, that could lead to a possible opportunity to refinance some debt at a lower rate and give us a little more breathing room. Never-the-less, it's starting to appear that there might be some relief coming in the not too distant future, here's hoping.