According to a Reuters poll last week:
- 24 of 28 economists expect no change at Wednesday's BoC meeting.
- Two-thirds expect no further overnight rate changes at all this year.
That's in clear defiance of market pricing (see table below). And the market is slightly more accurate than economists over the long run.
You don't have access to this post on MortgageLogic.news at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.
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.