Avid Amoeba to Canada · 1 day agoBank of Canada cuts interest rate by 25 basis points to 3%www.cbc.caexternal-linkmessage-square2fedilinkarrow-up128arrow-down10file-textcross-posted to: [email protected]
arrow-up128arrow-down1external-linkBank of Canada cuts interest rate by 25 basis points to 3%www.cbc.caAvid Amoeba to Canada · 1 day agomessage-square2fedilinkfile-textcross-posted to: [email protected]
minus-squareRentlarlinkfedilinkarrow-up9·1 day agoGreat for mortgages/loans, sucks for new GICs/bonds.
minus-squareFireRetardant@lemmy.worldlinkfedilinkarrow-up7·1 day agoAlso promotes higher house prices. 3% is still very low if we look back farther than 10 years.
Great for mortgages/loans, sucks for new GICs/bonds.
Also promotes higher house prices. 3% is still very low if we look back farther than 10 years.