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via moneysense.caEconomy

Bank of Canada rate forecast: what to expect on October 28

FROM THE WIRE · MONEYSENSE.CA

What's the Bank of Canada an interest rate fore cast — a hold or a hike? MoneySense talked to a mortgage expert who thinks a hold is likely.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralAn expected hold by the Bank of Canada matters for the Canadian dollar and mortgage markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01A mortgage expert interviewed by MoneySense considers a rate hold likely.
  2. 02The article compares a hold scenario with a possible hike.
  3. 03The Bank of Canada decision is expected on October 28.

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