
Bank of Canada - Interest Rate held steady - October 2019
October 30th, 2019
Bank of Canada holds interest rates steady at 1.75%.This is not the whole story as Mortgage rates are dependent on the bond market, and that has been falling as most of the G7 countries lower their lending rates. Some european countries are paying you to borrow money! Getting back to Canada... Inflation is on target at about 2%. We do have strong employment with growth in IT and service in ...