▶youtube BusinessReal Estate first seen 4 d ago, last 4 d ago, peak #8
Butler says Bank of Canada rate hike will be felt into new year
Original: 'I suspect we're going to feel it right through into the new year': Butler on BoC rate hike
Commenting after the Bank of Canada's latest rate hike, analyst Butler warned that 'I suspect we're going to feel it right through into the new year', arguing the increase will keep weighing on borrowers and the housing market for months. The remarks are drawing attention as Canadians brace for higher mortgage costs and question how far the central bank will go to curb inflation.
Why now: Homeowners and buyers are anxious about how the Bank of Canada's rate hike will affect mortgages and the housing market into 2023.
Bank of CanadaButlerBNN Bloomberg
Rank over time, top of the chart is #1. 9 snapshots from 4 d ago to 4 d ago.
Evidence
- 'I suspect we're going to feel it right through into the new year': Butler on BoC rate hike · BNN Bloomberg · 88.7K
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