RISING INTEREST RATES!?
Hello friends. There's been a lot of talk lately about interest rates and where they're headed. Of course, because they are historically low, that means they can only go in one direction, right?? Anyway, recently there's been news and speculation about the Bank of Canada raising its overnight rate as soon as this upcoming spring in order to help with inflation. Initially the plan was to start doing this in the fall of 2022. Of course this is just speculation, but its definitely something we need to keep an eye on. I hope you find this informative. Cheers!
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