CanadianInvestor · 1 year ago

The Bank of Canada has raised its policy rate by 25 basis points to 5 per cent, continuing its quantitative tightening path.

www.bnnbloomberg.ca

2

8

The Bank of Canada has raised its policy rate by 25 basis points to 5 per cent, continuing its quantitative tightening path.

www.bnnbloomberg.ca

CanadianInvestor · 1 year ago

2

Bank of Canada raises key interest rate to 5% - BNN Bloomberg

www.bnnbloomberg.ca

The Bank of Canada raised interest rates for a second straight meeting, pushing back the timeline for inflation's return to target while revising growth upward.

You must log in or # to comment.

Chat

John
link
fedilink
arrow-up
2·
1 year ago
more punishment for working people and businesses in Canada. More handouts for financial sector insiders.
corminsterfullerene
link
fedilink
arrow-up
2·
1 year ago
5% is about where rates should be – that they were below 2% for so long is insanity

CanadianInvestor

canadianinvestor

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

Welcome to Canadian Investor Community!

In this community of Canadian investors, we strive to foster growth and active portfolio management. Our goal is to provide a platform for discussions on all aspects of investing. While engaging in fruitful conversations, we urge members to be aware of the risks associated with trading.

To maintain a professional and respectful environment, we have established the following rules:

Relevant Posts: All posts must pertain to investments.
No Self Promotion/Affiliate Links: Avoid promoting personal interests or sharing affiliate links.
Respectful Communication: Treat fellow community members with respect and refrain from engaging in disrespectful behavior or personal attacks.
Daily Discussion Thread: “Thoughts on xyz,” “what to buy,” and general discussions should be confined to the daily thread designated for such conversations.
Exclusion of Penny Stocks/Microcaps: Threads focusing on penny stocks or microcaps (market cap under $500 million or stock price under $5) are not permitted.
No Memes: Please refrain from posting memes in the group.

By adhering to these concise and professional rules, we can cultivate a valuable space for Canadian investors to learn and grow together.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

1 user / day
1 user / week
1 user / month
1 user / 6 months
89 local subscribers
202 subscribers
22 Posts
12 Comments
Modlog

mods:
MxWarp