As inflation continues to rage through Canada, the Bank continues to raise interest rates to continue to fight inflation.
Last time i checked, our current interest rate increases haven’t made a dent in our debt. If the Bank of Canada decides to cut rates too soon, we can enter into a stagflation which is a very bad thing and we definitely don’t want that to happen.
What i predict in our future – unfortunately MORE interest rate hikes.
No sugar coating here. Just #realtalk
Servicing Vaughan and surrounding areas