Quote:
Originally Posted by Great68
I guess they expect BOC to lower rates again in the next 5 years?
|
Yep, we should (hopefully) hit the peak in the first half of next year (I'm guessing another 50bps) then likely it's stable till end of 2023 before starting to gradually come down in 2024. This is still speculation as interest rates seem to have less impact on inflation than in the old days and if the BOC doesn't get the results it wants then the pain is going to continue for awhile.
__________________
Current: 2019 Acura RDX
Gone: 2007 Acura TSX, 2008 Mazda 3 GT, 2003 Mazda Miata LS, 2008 Mazda Miata GT PRHT, 2003 Mazda Protege 5
|