TD predicts interest rate hikes for July and September
Posted on
June 4, 2007
by
Norm Fisher, Royal LePage Vidorra
“While the Bank of Canada elected to leave its key lending rate unchanged at 4.25%, it will likely be the last time the central bank does so for a little while. In acknowledging that both economic growth and inflation has exceeded its expectations, the Bank explicitly stated that “some increase in the target for the overnight rate may be required in the near term to bring inflation back to target.” This statement blows open the door to what we believe will be the first of two 25 basis point increases in the overnight rate starting at the Bank’s next Fixed Announcement Date (FAD) on July 10th.”
I’m always happy to answer your Saskatoon real estate questions.
Norm Fisher
Royal LePage Vidorra
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in
accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification.
The information presented here is for general interest only, no guarantees apply.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA).
Used under license.
MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.
$(document).ready(function () {
var allBoxes = $("#mrp-container10 div.weblet_web-syndication").children("div");
transitionBox(null, allBoxes.first());
});
function transitionBox(from, to) {
function next() {
var nextTo;
if (to.is(":last-child")) {
nextTo = to.closest("#mrp-container10 .weblet_web-syndication").children("div").first();
} else {
nextTo = to.next();
}
to.fadeIn(500, function () {
setTimeout(function () {
transitionBox(to, nextTo);
}, 7000);
});
}
if (from) {
from.fadeOut(500, next);
} else {
next();
}
}
-250-wide.jpg "Norm Fisher, TeamFisher")
