Sep 4, 2013 - Bank of Canada maintains overnight rate target at 1 per cent
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Sep 4, 2013 - Bank of Canada maintains overnight rate target at 1 per cent

This is a discussion on Sep 4, 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 > ...

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    Forum Beginner herefishyfishy's Avatar
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    DefaultSep 4, 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.

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    Forum Beginner herefishyfishy's Avatar
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    Here are some excerpts from the recent Bank of Canada key interest rate announcement on September 4, 2013:

    The global economy continues to expand broadly as expected, but its dynamic has moderated.
    Recent data, however, point to slightly less momentum overall than anticipated.
    Inflation in Canada remains subdued. With inflation expectations well-anchored, both core and total CPI inflation are expected to return slowly to 2 per cent as the output gap closes.
    Link: (core & CPI inflation statistics) Bank of Canada > Rates & Statistics > Indicators > Indicators of Capacity and Inflation Pressures for Canada)

    As long as there is significant slack in the Canadian economy, the inflation outlook remains muted, and imbalances in the household sector continue to evolve constructively, the considerable monetary policy stimulus currently in place will remain appropriate.
    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.

 

 


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