Canada's central bank held its overnight lending rate firm at its 22-year high of 5%, leading some economists and real estate executives to say they aren't expecting any cut in interest rates until around the middle of the year.
Canada’s Central Bank Holds Rates Steady, First Cut Not Expected Until June
Overnight Lending Level Remains at 22-Year High
By Garry Marr
CoStar News
January 24, 2024 | 7:17 P.M.
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IN THIS ARTICLE
- Companies
- Bank of Canada
Finance and Insurance
- Marcus & Millichap
Real Estate
- Bridgemarq Real Estate Services
Real Estate
- Royal Bank of Canada
Finance and Insurance