Jordan Lee's Happy December Market Update
Monday Dec 11th, 2023
ShareHappy December :) I am here with the gift of good news as we roll into the holiday season yay! As we all know, last week, BoC held its interest rate for the third consecutive time. In them doing this, Bank of Canada officials acknowledged that higher interest rates are 'clearly' restraining household spending and that the economy is no longer overheated. But in that same breath, they continue to mention that they will increase interest rates if inflationary pressures... [read more]