Good grief . . . it taken a while to smell the coffee, but the Bank of Canada warned of disinflation this morning. In English, this means deflation.
Loonie is again getting hammered as a result.
It also means that the BOC may actually cut their rates further this year.
Threat of rising interest rates are BS (IMO).
Loonie is again getting hammered as a result.
It also means that the BOC may actually cut their rates further this year.
Threat of rising interest rates are BS (IMO).