The BoC hiked by another 0.50% last week, and its policy statement was more hawkish than expected. In today's post I offer my take on how high the Bank will go.
The consensus expects the BoC to hike by 0.50% at its next meeting. Today's post offers my take, and also explains how fixed payment variable-rate mortgages work.
I expect the BoC to hike its policy rate this Wednesday, and in today's post I offer my take on whether variable-rate borrowers should respond by locking in.