Post by
clubhouse19 on Jan 26, 2022 10:11am
B o C
Keeps rate as is....
Wonder what the feds will do ?
Comment by
bicente on Jan 26, 2022 10:15am
they will do the same ....the skies are blue ... GLTA
Comment by
stockitnow on Jan 26, 2022 10:27am
People are used to low interest rate. And its been low for so long that any changes now shock the market. The Global economy is now hooked. Raise rates and markets goes down. Dont raise and inflation goes up. Either way someone will get screwed. For now better to keep it samr until covid restrictions are gone and all industry and markets are fully open.
Comment by
flamingogold on Jan 26, 2022 10:29am
They need to raise. Inflation almost out of control. Those who piled high on debt were warned several times. It's not about saving a few debt pigs, but an entire economy when the next crises hits. If rates were at this level when covid hit what would the BoC had done then with no bullets?
Comment by
clubhouse19 on Jan 26, 2022 10:36am
There are many factors that may be temporary that have resulted ion higher inflation at this time. I don't think the feds or BOC really know how to tackle it because they really don't know what the cause is. Moving too agressivley may have the supposed cure worse than the disease.
Comment by
johnney on Jan 26, 2022 10:48am
Clubhouse19, you wonder what the Fed will do, they wil put it in your A$$!!
Comment by
johnney on Jan 26, 2022 10:50am
Fkamingogold! Inflation will hurt Bombardier too!