Bank Of Canada Tapers Quantitative Ease By 25%, Rates Hikes May Come In 2022

Author: External Author | Categories: First Time Home Buyer , Mortgage Agent , Mortgage Services , New to Canada Mortgage

The Canadian economy’s recovery is well underway, and that means easy money may be on the way out. Bank of Canada (BoC) updated its outlook earlier today. The central bank said the accelerated recovery will allow them to ease stimulus. To start, they’ll taper quantitative ease (QE), and speed up the end of their commitment to low rates.

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Original Article Source Credits:   Better Dwelling ,

Article Written By:  Stephen Punwasi

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