Friday, July 29, 2011

Possible No Rate Hike In Fall

Canadian GDP was weaker than forecast in May leading some to believe that the Bank of Canada may not touch interest rates until next spring, a far cry from the predictions of early rate increases that were floating around until fairly recently.

Now I know of 2 jobs where you can be wrong 80% of the time and not get fired! Weather person and Economists!

No comments:

Post a Comment