Bank of Canada cuts key interest rate to 0.25%

Canadian · #1 04-21-2009, 04:11 PM

Yes, the Bank of Canada did it again! The interest rates stands at 0.25% and the fiat money game is almost over. The interest rates can only go up from here and this won't bode well for stock markets and housing markets.

bullish · #2 04-29-2009, 08:10 PM

Quote:

Originally Posted by Canadian

Yes, the Bank of Canada did it again! The interest rates stands at 0.25% and the fiat money game is almost over. The interest rates can only go up from here and this won't bode well for stock markets and housing markets.

It looks like you are wrong again. Stock markets are rallying and spring housing market in Toronto is alive and well.