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Email this12:13 pm
April 21, 2022
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Not entirely surprising as the US Fed hinted to the markets yesterday that they were considering 0.75%. So, what's the likelihood of the BoC doing anything different on July 13?
It will be interesting to watch the GIC and HISA offers as they start pricing in a 0.75% increase next month.
12:17 pm
February 7, 2019
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I wonder if BoC will wait 4 weeks for its next move so as to keep the $ steady...
| CGO |
1:50 pm
April 18, 2022
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They have a history of bailing out stocks and real estate. I feel this time it has to be different or the inequality bubble will grow so large eventually leading to a real depression style collapse where they can't save anyone. In Greece squatters took over apartments to live in.
2:07 pm
January 12, 2019
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JohnnyCash said
Not entirely surprising . . .
Actually, it was a Big Yawn ... and hardly even considered Newsworthy.
It would have been News had they only gone to +0.50%, but they didn't.
July will also likely bring another 0.75% Fed increase, and maybe even
the one after that, as well.
Plan according,
- Dean
" Live Long, Healthy ... And Prosper! "
2:23 pm
March 30, 2017
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Dean said
JohnnyCash said
Not entirely surprising . . .
Actually, it was a Big Yawn ... and hardly even considered Newsworthy.
It would have been News had they only gone to +0.50%, but they didn't.
July will also likely bring another 0.75% Fed increase, and maybe even
the one after that, as well.Plan according,
Dean
Its pretty done deal BoC has no reason NOT to go 75bps in July.
2:32 pm
January 28, 2015
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Now watch our dollar fall as the US rate is .25% ahead of us
4:20 pm
January 12, 2019
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savemoresaveoften said
Its pretty done deal BoC has no reason NOT to go 75bps in July.
Mark your calendars ... July 13th will tell the tale ⬇
.
Dean
" Live Long, Healthy ... And Prosper! "
5:23 pm
November 8, 2018
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There is a possibility BoC is not going to be as aggressive as US Fed: we don't have November midterm elections.
6:04 pm
April 18, 2022
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Alexandre said
There is a possibility BoC is not going to be as aggressive as US Fed: we don't have November midterm elections.
If they don't homeless encampments will move to empty condo buildings
6:56 pm
February 7, 2019
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Alexandre said
There is a possibility BoC is not going to be as aggressive as US Fed: we don't have November midterm elections.
A lower rate in Canada vs US could mean lower Cdn $ which would be good for exports but could drive import prices up; fuel too. More inflation is not what we or BoC want ...
| CGO |
7:14 pm
December 12, 2021
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BOC will increase by 0.75% there is no ifs and buts
and maybe 1.00% why ........ "Inflation has surprised to the upside this year and further surprises could be in store," Federal Reserve chair Jerome Powell said at a press conference following the decision.
7:44 pm
March 30, 2017
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Alexandre said
There is a possibility BoC is not going to be as aggressive as US Fed: we don't have November midterm elections.
Historically, US election usually result in the Fed being more market friendly, as in keep rates low etc. you have it the other way round.
7:14 am
November 8, 2018
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savemoresaveoften said
Historically, US election usually result in the Fed being more market friendly, as in keep rates low etc. you have it the other way round.
That is going to come back after November, I think. The business as usual. Unless inflation runs completely out of control.
How it looks now, the ruling party in the US could face complete annihilation in midterms, unless they do something about inflation.
BoC does not have such strong political pressure from the Canadian government, currently.
9:48 am
January 12, 2019
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.
Reminds me of back when Rump (typo intended) was president ... he openly tried to tell the Fed how to do it's job (cuz he knew better), and threatened to Fire them if they didn't heed his bidding.
Scary and kind of funny, at the same time. 
- Dean
" Live Long, Healthy ... And Prosper! "
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