{"id":4184,"date":"2015-01-07T07:27:24","date_gmt":"2015-01-07T12:27:24","guid":{"rendered":"http:\/\/olduvai.ca\/?p=4184"},"modified":"2015-01-07T07:27:24","modified_gmt":"2015-01-07T12:27:24","slug":"interest-rate-hike-why-the-bank-of-canada-may-hold-off","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=4184","title":{"rendered":"Interest rate hike: Why the Bank of Canada may hold off"},"content":{"rendered":"<h4 class=\"story-title\"><a href=\"http:\/\/www.cbc.ca\/news\/business\/interest-rate-hike-why-the-bank-of-canada-may-hold-off-1.2891304\" target=\"_blank\">Interest rate hike: Why the Bank of Canada may hold off<\/a><\/h4>\n<p>Analysts have predicted this will be the year that the Bank of Canada raises its benchmark interest rate. And it could very well be the year it does.<\/p>\n<p>Unless of course, it doesn&#8217;t.<\/p>\n<p>&#8220;I think it\u2019s a stretch,&#8221; says Derek Holt, vice-president of\u00a0Scotiabank\u00a0Economics.<\/p>\n<p>&#8220;\u200bI think we have to entertain the distinct possibility that they are on hold throughout all of 2015 and 2016.&#8221;<\/p>\n<ul>\n<li><strong><a href=\"http:\/\/www.cbc.ca\/news\/business\/interest-rate-hike-4-ways-canadians-should-prepare-1.2890376\">Interest rate hike: 4 ways Canadians should prepare<\/a><\/strong><\/li>\n<li><strong><a href=\"http:\/\/www.cbc.ca\/news\/business\/get-ready-for-interest-rate-shock-in-2015-1.2882895\">Get ready for interest rate shock in 2015<\/a><\/strong><\/li>\n<li><strong><a href=\"http:\/\/www.cbc.ca\/news\/business\/bank-of-canada-holds-rate-steady-at-1-1.2858765\">Bank of Canada holds rate steady at 1%<\/a><\/strong><\/li>\n<li><strong><a href=\"http:\/\/www.cbc.ca\/news\/business\/debt-how-to-use-it-and-not-abuse-it-1.2859435\">Debt: How to use it and not abuse it<\/a><\/strong><\/li>\n<\/ul>\n<p>That&#8217;s certainly\u00a0not the prevalent wisdom among many experts who believe that sometime in the the third quarter, around the fall of this year,\u00a0Canadians could face higher borrowing costs following a .25 or .5 hike in the benchmark rate of one per cent. And that could be followed up by a couple more moderate hikes in 2016, before the rate settles at 2.0.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interest rate hike: Why the Bank of Canada may hold off Analysts have predicted this will be the year that the Bank of Canada raises its benchmark interest rate. And it could very well be the year it does. Unless of course, it doesn&#8217;t. &#8220;I think it\u2019s a stretch,&#8221; says Derek Holt, vice-president of\u00a0Scotiabank\u00a0Economics. &#8220;\u200bI [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[103,246,2468,431],"class_list":["post-4184","post","type-post","status-publish","format-standard","hentry","category-economics","tag-canada","tag-economy","tag-interest-rate-hike","tag-interest-rates"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4184"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4184\/revisions"}],"predecessor-version":[{"id":4185,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4184\/revisions\/4185"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}