27 November 2013

IMF – Bank of Canada can wait with the rate hike until 2015

The latest report by International Monetary Fund (IMF) says Canada will show higher economic growth of about 2.25% next year. Meanwhile, for this year’s forecasts were only 1.6%.

According to the IMF scenario,the household debt level will gradually decrease, the construction activity will moderate in consistence with the demographic tendency, and home price growth will slow down…

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