Bank of Canada decision lands Wednesday
The Bank of Canada decides Wednesday, October 28 at 9:45 AM ET. Markets are split between a hold at 2.25% and a 25-point hike to 2.50% after September inflation printed 3.1%. A hike would lift prime to about 4.70% and add roughly $13 a month per $100,000 on adjustable variable mortgages. Full analysis follows the announcement.
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