9min chapter

In This Economy?! cover image

So... the interest rate has been cut. Now what?

In This Economy?!

CHAPTER

Analysis of Recent Interest Rate Cut and Impact on the Economy

The chapter explores the factors influencing the recent decision by the Bank of Canada to lower interest rates and how this change affects variable and fixed rate mortgage holders. It also delves into the potential consequences on corporate profits, the housing market, and consumer behavior.

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