🇨🇦📢 BANK OF CANADA KEEPS RATES STEADY AT 2.25%
🔹 The central bank holds the overnight rate at 2.25% in its March decision 🏦
🔹 Inflation is back at 2%, but global economic risks like trade wars are looming ⚠️
🔹 5-Year Fixed mortgages have dipped to ~4.33%, giving some relief to borrowers 📉
🔹 Governor Macklem prioritizes "stability" for 2026—no drastic cuts expected soon 🛑
🔹 Cheap money isn't returning to 2020 levels; Canadians must adapt to the new baseline 💸
Stability is the goal, but uncertainty rules the outlook. Is 4.33% the floor?
#BankofCanada #rates #mortgage #economy #inflation #finance
@canada
🔹 The central bank holds the overnight rate at 2.25% in its March decision 🏦
🔹 Inflation is back at 2%, but global economic risks like trade wars are looming ⚠️
🔹 5-Year Fixed mortgages have dipped to ~4.33%, giving some relief to borrowers 📉
🔹 Governor Macklem prioritizes "stability" for 2026—no drastic cuts expected soon 🛑
🔹 Cheap money isn't returning to 2020 levels; Canadians must adapt to the new baseline 💸
Stability is the goal, but uncertainty rules the outlook. Is 4.33% the floor?
#BankofCanada #rates #mortgage #economy #inflation #finance
@canada
❤6
🇨🇦💸 MONEY ALERT: NEXT INTEREST RATE DECISION IS MARCH 18
Mark your calendars! The Bank of Canada's next big announcement is just around the corner and it could change everything. 📅
🔹 Key Date: March 18, 2026 at 9:45 AM ET. Set your alarms! ⏰
🔹 The Current Vibe: BoC held rates at 2.25% in January. With housing soft and inflation stable, will they cut again to stimulate the spring market? 🤔
🔹 Variabe Mortgages: Holders of variable rate mortgages and prospective home buyers are watching closely. A cut could spark activity! 🏠
What's your prediction for the next move? Cut or Hold? Comment below! 👇💸
#BankofCanada #InterestRates #Mortgage #Economy #BoC #finance
Mark your calendars! The Bank of Canada's next big announcement is just around the corner and it could change everything. 📅
🔹 Key Date: March 18, 2026 at 9:45 AM ET. Set your alarms! ⏰
🔹 The Current Vibe: BoC held rates at 2.25% in January. With housing soft and inflation stable, will they cut again to stimulate the spring market? 🤔
🔹 Variabe Mortgages: Holders of variable rate mortgages and prospective home buyers are watching closely. A cut could spark activity! 🏠
What's your prediction for the next move? Cut or Hold? Comment below! 👇💸
#BankofCanada #InterestRates #Mortgage #Economy #BoC #finance
❤6