EDWARD  BURDON

EDWARD BURDON

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Keller Williams Complete Niagara Realty Brokerage

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Bank of Canada Interest Rate

The Bank of Canada held the interest rate unchanged at 1.75 per cent Wednesday. The bank has raised its key rate five times since the summer of 2017, they are attempting to keep inflation at an acceptable range The bank last raised its rate in October, before deciding to do nothing in December and then again Wednesday.  The bank did indicate their plan is to raise the rate again sooner rather than later. "The policy interest rate will need to rise over time into a neutral range to achieve the inflation target," the bank said.

Comments

Aron Finch

The decrease in the interest rate of Bank of Canada is really beneficial even for the novice level real estate agents like me. Financial policies of Bank of Canada directly influence realtors so it is good to know them. real estate direct mail marketing

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The Bank of Canada should have changed its policy about the interest rates. Their present policy is badly ypmuseum influencing the work of realtors.

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