Prime to stay low until 2013!
October 6th, 2011
BMO says no Canadian rate hike till 2013BMO Capital Markets has pushed its rate hikes forecast back to 2013 Tuesday, citing continued serious economic risks both home and abroad.
The new forecast pushes the expected time frame for the Bank of Canada to raise its benchmark interest rates back from previous expectations of the second half of 2012.
As recently as this spring, economists had be ...