Interest rate cut plausible amid Canada’s housing affordability crunch

Canadians feeling the pressure of inflation could be in for some good news soon. There is a lot of pressure on the Bank of Canada to cut interest rates.

The financial markets are banking on an 80 per cent chance that it will happen this week.

And as Global’s David Baxter reports, a rate cut won’t be enough to bring down Canada’s sky-high housing prices.

For more info, please go to https://globalnews.ca
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on X HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #Canada #Money
Credit to : Global News