1 / 4

BoC Interest rate, What about it ?

This rate hike by the Bank of Canada (BoC) will likely not be the last increase we will see in 2022. The Overnight Rate will likely increase a few more times this year as part of the Banku2019s toolkit to combat inflation.

Paramjit1
Download Presentation

BoC Interest rate, What about it ?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. BoC Interest rate, What about it? Feel Free To Call US 1-800-808-1613 Landline 416-848-0469 www.mortgagedeliveryguy.ca

  2. BoC Interest rate, What about it? This rate hike by the Bank of Canada (BoC) will likely not be the last increase we will see in 2022. The Overnight Rate will likely increase a few more times this year as part of the Bank’s toolkit to combat inflation. www.mortgagedeliveryguy.ca

  3. BoC Interest rate, What about it? By rising the overnight BoC interest rate, it creates an opposite effect of lowering spending, thereby curbing rate of inflation. We as consumers and businesses have all been feeling the price of groceries, gas, housing market including the rents. In an attempt to clear the confusion around the topic of the BoC interest rate increases especially the media and bank’s narrative of impending doom I have created a quick post for my clients. www.mortgagedeliveryguy.ca

  4. BoC Interest rate, What about it? THANK YOU www.mortgagedeliveryguy.ca

More Related