RE:RE:RE:FED speak rattles the marketsInflation is sub 3% here, I believe Tiff is comfortable with a small tick up if it means giving the economy an adrenaline shot with a rate cut. The US will cut soon too, so it wll eventually even out.
mouserman wrote: Certainly if you go back 60 years the rates were higher... his history must be only about 20 years for him. I do believe the interest rate did spike up above 6% briefly around the year 2000 or a bit after..
Interest rate gets cut in Canada , going to cause some grief imo.. unless US also does. Otherwise I do believe the CAD will fall vs USD and that will increase the price of fuel , on top of Turdeau's proposed carbon tax. Everything we buy from the US and Mexico and will go UP in price... i think that would be called inflationary?