July 12, 2017

Category: About Sherry Articles Media

Bank of Canada Turns the Tide

For the first time in seven years, the Bank of Canada announced today that it was hiking its key overnight rate by a quarter percentage point (25 basis points) bringing it to 0.75 percent as the economy has staged a broadly based economic expansion this year. In a break from tradition, the Bank has taken…

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July 7, 2017

Category: About Sherry Articles Media Reporting on Sherry

Continued Strength in Canadian Employment Report For June

The June jobs data blew past expectations, all but insuring that the Bank of Canada will hike interest rates by a quarter point next week–the first rate hike in seven years. Market rates have already risen in expectation and the Royal Bank has boosted interest rates on its two-year, three-year and five-year fixed-term mortgage rates…

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