The BoC left its target rate anchored at 5% this morning, but hold the phone—it just got upstaged — by U.S. inflation.
America's reaccelerating CPI data stole the show this morning, sending bond traders into a bearish frenzy.
The BoC left the beacon on for 2024 rate cuts, however, despite keeping its lips zipped on the U.S. inflation letdown. Here's what mortgage hunters need to know in case the rate waters get rough.
Comments
Sign in or become a MortgageLogic.news member to read and leave comments.
Just enter your email below to get a log in link.