Since Canada's 150 birthday, Canadian economy is like a rocket; Poloz seems having more confidence to rise rate.I wish all the stuff is true, but maybe the rate hike maybe too fast for this beautiful country.
The inflation rate was 1.3% and only one time which is on Jan 2017, the rate touched 2.1%. The unemployment rate was 6.5%. The trade balance was -1.09 billion which was lower the pervious -552.3 million. Don't forget the uncertain change of NAFTA and low oil price.
Actually, the positive message for pulling rate up is from the Customer confidence index . In my option. that is not enough to prove the condition of rate hike is mature.
The inflation rate was 1.3% and only one time which is on Jan 2017, the rate touched 2.1%. The unemployment rate was 6.5%. The trade balance was -1.09 billion which was lower the pervious -552.3 million. Don't forget the uncertain change of NAFTA and low oil price.
Actually, the positive message for pulling rate up is from the Customer confidence index . In my option. that is not enough to prove the condition of rate hike is mature.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.