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Think Interest Rates Will Head Lower? Now's the Time to Buy These 2 Canadian Stocks
Summary by The Motley Fool Canada
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1 Articles
Think Interest Rates Will Head Lower? Now's the Time to Buy These 2 Canadian Stocks
Interest rates have been on the decline in recent quarters, with most central banks around the world cutting rates in a bid to shore up their jobs markets and ensure financial stability. The Bank of Canada has been among the most staunch interest rate cutters of the group, with a current overnight rate of 2.25%, a far cry from the top end of the range in the U.S. right now (at 4%). One would think that these meaningfully lower rates would have s…
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