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Geraldine Zinsli Mortgage Advisor

Geraldine Zinsli

Mortgage Advisor


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Suite 560 - 171 West Esplanade , North Vancouver, British Columbia

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Interesting Article on interest rates and inflation from the Globe and Mail...

2/6/2014

The bank gave no signal on future interest rate moves as it kept its key overnight rate unchanged at 1 per cent, where it has been since September, 2010, and maintained its official neutral stance on the direction of its next move. But the banks language about inflation and currency caused the loonie to drop sharply. Read the entire article by following the link below:

http://www.theglobeandmail.com/report-on-business/economy/bank-of-canada-warns-disinflation-to-persist-well-into-2016/article16444689/


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