Where is Prime headed for?


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peacock1   
Member since: Jul 04
Posts: 1040
Location: Woodbridge

Post ID: #PID Posted on: 03-08-11 14:23:35

Hi CD friends,
It is now matter of time when Bank of Canada choses to raises the interest rates, my question to all financial wizards where is it headed for in light of the current global scenario?
Maximum it can go up to by what time period (estimated)
or minimum it shall be , not below a certain number.


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Desi # 1   
Member since: Dec 03
Posts: 1420
Location: Mississauga

Post ID: #PID Posted on: 03-08-11 14:57:16

Quote:
Originally posted by peacock1

Hi CD friends,
It is now matter of time when Bank of Canada choses to raises the interest rates, my question to all financial wizards where is it headed for in light of the current global scenario?
Maximum it can go up to by what time period (estimated)
or minimum it shall be , not below a certain number.



Nobody can answer this Q correctly - not even so called learned economists.







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