Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Milounee Purohit Devayani Sathyan"


1 mentions found


A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. Interest rate futures are pricing in no change next week, but are nearly split over whether rates rise once more. In the latest poll, eight of 34 economists expect one more rate rise to 5.25% by the end of this year, compared with only one in a July poll. "We expect the Bank will hold the overnight rate steady at 5.00% through mid-2024 as the full impact of past rate hikes helps push the economy into a moderate recession. A scenario in which Canadian interest rates stay higher for longer could increase pressure on highly-indebted households, with almost 20% of Canadian mortgages due for renewal next year.
Persons: Chris Wattie, Claire Fan, Tony Stillo, We're, Sal Guatieri, BMO's Guatieri, Milounee Purohit, Prerana Bhat, Ross Finley, Paul Simao Organizations: Bank of Canada, REUTERS, BoC, Canada, RBC, Oxford Economics, U.S . Federal, BMO Capital Markets, Thomson Locations: Ottawa , Ontario, Canada, Canadian
Total: 1