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Thursday, January 23rd, 2020

BMO says no Canadian rate hike till 2013

BMO Capital Markets has pushed its rate hikes forecast back to 2013 Tuesday, citing continued serious economic risks both home and abroad. The new forecast pushes the expected time frame for the Bank of Canada to raise its benchmark interest rates back from previous expectations of the second half of 2012. As recently as this […]

Rate Hikes on Hold until 2013 – BMO Economics

Business owners need to prepare for continued currency fluctuations TORONTO, October 4, 2011 – Rate hikes will resume in the first part of 2013 instead of the second half of 2012, according to the “Rates Scenario” report released today by BMO Capital Markets Economics. “As global economic risks have escalated, casting commodity prices and the Canadian dollar much […]

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