🇨🇦📢 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
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