Interest Rates "Won't rise until late 2017 - then slowly:" CIBC Chief Economist

(April 02, 2016 )

Bank of Canada’s agenda is to keep loonie low, asserts leading economist – while also strongly criticizing "back-of-envelope" reports on impact of foreign buyers.

There are no signs that interest rates are going to increase any time soon – not until likely the end of 2017, CIBC World Markets chief economist Benjamin Tal said March 30.

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