✉news BusinessReal Estate first seen 9 h ago, last just now, peak #21

Bank of Canada Says Rates Won't Target House Prices

Original: Bank of Canada Won’t Target House Prices With Interest Rates

The Bank of Canada has signalled it will not use interest rate policy to target house prices, according to Bloomberg. The stance means monetary policy will remain focused on inflation rather than attempting to cool or support the housing market directly, a notable position given how sensitive Canadian home prices are to rate changes.

Why now: Canadian housing affordability and rate policy are under close scrutiny amid cost-of-living concerns.

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Evidence

• Bank of Canada Won’t Target House Prices With Interest Rates · Bloomberg.com
• Bank of Canada Won’t Target House Prices With Interest Rates · Bloomberg.com
• Bank of Canada Won’t Target House Prices With Interest Rates · bloomberg.com

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