Post by
Frankie10 on Sep 07, 2022 10:17am
BoC raises 75 bps to 3.25%
"Given the outlook for inflation, the Governing Council still judges that the policy interest rate will need to rise further."
Comment by
SNAKEYBOY on Sep 07, 2022 10:46am
Such a scam. Iditos leave 0% interest rates for 2 years and go up in record time.
Comment by
Frankie10 on Sep 07, 2022 10:49am
Just play the hand your dealt.
Comment by
SNAKEYBOY on Sep 07, 2022 1:04pm
I am, by loading up at these disgusting bottom basement prices!
Comment by
jx7000 on Sep 10, 2022 1:13am
3.25% is still very low. Wait until it double that.
Comment by
SNAKEYBOY on Sep 10, 2022 9:43am
The system will collapse if rates get above 3.75%....households are paying about 6% on their debt, or higher to get a loan. No one is affoding that
Comment by
Frankie10 on Sep 11, 2022 6:19pm
...followed by a hard pivot and yield curve control.
Comment by
SNAKEYBOY on Sep 11, 2022 10:51pm
nah we're in for a soft landing, 2022 will end with 3.50-3-75% interest rates and 7%-8% inflation, then it resets in 2023 and likely will get 2% inflation, while rates hold steady and possibly down if inflation seems tamed.
Comment by
Frankie10 on Sep 12, 2022 10:29am
lol, inflation at 2%. good one.
Comment by
SNAKEYBOY on Sep 12, 2022 11:36am
We're in deflation right now. Inflation/deflation its all relative. 2023 it resets to 0% and 3%+ interest rates will moderate it
Comment by
Frankie10 on Sep 12, 2022 8:57pm
Pull up the M2 chart and try again.