07/14/2021
THE BANK OF CANADA HOLDS THE LINE ON RATES, UPDATES ECONOMIC OUTLOOK
The Bank of Canada made its fifth interest rate decision of 2021 today and updated its outlook for inflation and economic growth.
The news is good. The Bank held the line on its overnight rate at 0.25% and suggested that Canada’s economic recovery, while slightly slower than expected so far, should be stronger than anticipated in 2022.
Considering these latest central bank observations and projections, we remain convinced that now is the right time to finance a home purchase, refinance a home mortgage or consolidate several expensive debts into one low payment with Axcess Mortgage and Loans Financing assistance.
www.axcessmortgage.ca
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