April 17, 2013 - Bank of Canada maintains overnight rate target at 1 per cent
Follow us on...
Follow us on Twitter Follow us on Facebook
Register

Results 1 to 3 of 3

April 17, 2013 - Bank of Canada maintains overnight rate target at 1 per cent

This is a discussion on April 17, 2013 - Bank of Canada maintains overnight rate target at 1 per cent within the Dominion Lending Centres - Clear Trust Mortgages forums, part of the Corporate Sponsors category; Bank of Canada maintains overnight rate target at 1 per cent Link: Bank of Canada > Publications and Research > ...

  1. #1
    Forum Beginner herefishyfishy's Avatar
    Join Date
    Apr 2010
    Location
    Richmond
    Posts
    70

    DefaultApril 17, 2013 - Bank of Canada maintains overnight rate target at 1 per cent

    Find out how a licensed mortgage broker can be an advantage for securing a better mortgage:
    http://www.andrewleung.ca - Licensed Mortgage Broker, Mortgage Pro"fish"onal!

    An interesting study from the Bank of Canada on mortgage discounting.

  2. Remove Advertisements
    BCAquaria.com
    Advertisements
     

  3. #2
    Forum Beginner herefishyfishy's Avatar
    Join Date
    Apr 2010
    Location
    Richmond
    Posts
    70

    DefaultMonetary Policy Report - April 2013

    The second quarterly Monetary Policy Report of 2013 was also released on April 17, 2013.

    Quoted from the Bank of Canada website below:
    with the weak growth in the second half of 2012, annual average growth is now projected to be 1.5 per cent in 2013. The economy is then projected to grow by 2.8 per cent in 2014 and 2.7 per cent in 2015, reaching full capacity in mid-2015 – later than anticipated in the January MPR.
    Link:
    Bank of Canada > Publications and Research > Periodicals > Monetary Policy Report > Monetary Policy Report - April 2013
    Find out how a licensed mortgage broker can be an advantage for securing a better mortgage:
    http://www.andrewleung.ca - Licensed Mortgage Broker, Mortgage Pro"fish"onal!

    An interesting study from the Bank of Canada on mortgage discounting.

  4. #3
    Forum Beginner herefishyfishy's Avatar
    Join Date
    Apr 2010
    Location
    Richmond
    Posts
    70

    Default

    Here are some excerpts from the recent Bank of Canada key interest rate announcement on April 17, 2013:

    In the United States, the economic expansion is continuing at a modest pace
    Significant policy stimulus has been introduced in Japan. Europe, in contrast, remains in recession
    After picking up to very strong rates in the second half of 2012, growth in China has eased.
    The Bank expects global economic activity to grow modestly in 2013 before strengthening over the following two years.
    Following a weak second half of 2012, growth in Canada is projected to regain some momentum through 2013
    Despite the projected recovery in exports, they are likely to remain below their pre-recession peak until the second half of 2014 owing to restrained foreign demand and ongoing competitiveness challenges, including the persistent strength of the Canadian dollar.
    annual average growth is now projected to be 1.5 per cent in 2013. The economy is then projected to grow by 2.8 per cent in 2014 and 2.7 per cent in 2015, reaching full capacity in mid-2015 – later than anticipated in the January MPR.
    Total CPI and core inflation have remained low in recent months
    Both total and core inflation are expected to remain subdued in coming quarters before gradually rising to 2 per cent by mid-2015 as the economy returns to full capacity
    With continued slack in the Canadian economy, the muted outlook for inflation, and the constructive evolution of imbalances in the household sector, the considerable monetary policy stimulus currently in place will likely remain appropriate for a period of time, after which some modest withdrawal will likely be required, consistent with achieving the 2 per cent inflation target.
    Find out how a licensed mortgage broker can be an advantage for securing a better mortgage:
    http://www.andrewleung.ca - Licensed Mortgage Broker, Mortgage Pro"fish"onal!

    An interesting study from the Bank of Canada on mortgage discounting.

 

 


Similar Threads

  1. March 6, 2013 - Bank of Canada maintains overnight rate target at 1 per cent
    By herefishyfishy in forum Dominion Lending Centres - Clear Trust Mortgages
    Replies: 2
    Last Post: 03-11-2013, 04:32 PM
  2. January 23, 2013 - Bank of Canada maintains overnight rate target at 1 per cent
    By herefishyfishy in forum Dominion Lending Centres - Clear Trust Mortgages
    Replies: 2
    Last Post: 01-23-2013, 01:47 PM
  3. April 17, 2012 - Bank of Canada maintains overnight rate target at 1 per cent
    By herefishyfishy in forum Dominion Lending Centres - Clear Trust Mortgages
    Replies: 1
    Last Post: 04-18-2012, 05:38 PM
  4. January 17, 2012 - Bank of Canada maintains overnight rate target at 1 per cent
    By herefishyfishy in forum Dominion Lending Centres - Clear Trust Mortgages
    Replies: 1
    Last Post: 01-19-2012, 04:22 PM
  5. Bank of Canada maintains overnight rate target at 1 per cent
    By herefishyfishy in forum Dominion Lending Centres - Clear Trust Mortgages
    Replies: 4
    Last Post: 11-16-2010, 08:07 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Vancouver Website Hosting Chilliwack Website Design