Surprise! BOC Raises Rates Unexpectedly

Posted by Michael Campbelll

Share on Facebook

Tweet on Twitter

cp-bank-key-overnight-rate-sept2017

Most analysts were surprised by the rate hike coming in September. The Bank of Canada has now reversed the two big rate decreases in 2015. It has also given itself some room to drop rates if it becomes necessary in the future.

…also special note from Michael: Is Greed The Root Of All Evil

 

cp-bank-key-overnight-rate-sept2017