Comments on: Bank of Canada Rate Decision http://www.canadiancapitalist.com/bank-of-canada-rate-decision/ Helping you invest and prosper Sun, 12 Feb 2012 00:54:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Canadian Personal Finance Blog » Blog Archive » Lower Debt, because Rates are Going Up? http://www.canadiancapitalist.com/bank-of-canada-rate-decision/#comment-145219 Canadian Personal Finance Blog » Blog Archive » Lower Debt, because Rates are Going Up? Tue, 29 Jul 2008 12:26:34 +0000 http://www.canadiancapitalist.com/?p=210#comment-145219 [...] Up? Well that is the news we are hearing from many different sources including our friends at the Canadian Capitalist and for some of us that is not good news. The bank feels that INFLATION is on the horizon, which [...] [...] Up? Well that is the news we are hearing from many different sources including our friends at the Canadian Capitalist and for some of us that is not good news. The bank feels that INFLATION is on the horizon, which [...]

]]> By: Alex Givant http://www.canadiancapitalist.com/bank-of-canada-rate-decision/#comment-154 Alex Givant Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=210#comment-154 I'm not sure it'll happen in September as well. High Canadian dollar already hurts export and rising prime will take this dollar higher which is bad for Canadadian economy (IMHO). I’m not sure it’ll happen in September as well. High Canadian dollar already hurts export and rising prime will take this dollar higher which is bad for Canadadian economy (IMHO).

]]> By: Arbee http://www.canadiancapitalist.com/bank-of-canada-rate-decision/#comment-155 Arbee Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=210#comment-155 Alex: Looks like they are strongly hinting that rates are going up pretty soon. The economy seems to have adjusted to the rapid rise in the loonie fairly well. Job growth has been strong and though inflation is now low, the Bank seems to be looking further ahead for rising rates. In any case, what the bank decides to do in Sept is still a guess. <BR/><BR/>"However, in line with the Bank's outlook, some reduction in the amount of monetary stimulus will be required in the near term to keep aggregate demand and supply in balance and inflation on target." Alex: Looks like they are strongly hinting that rates are going up pretty soon. The economy seems to have adjusted to the rapid rise in the loonie fairly well. Job growth has been strong and though inflation is now low, the Bank seems to be looking further ahead for rising rates. In any case, what the bank decides to do in Sept is still a guess.

“However, in line with the Bank’s outlook, some reduction in the amount of monetary stimulus will be required in the near term to keep aggregate demand and supply in balance and inflation on target.”

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