Wednesday, September 26, 2018

Rising BR


President Trump at the UN is not the only item in the news today.
The US Fed is expected to announce a rise in the bank rate; might
even indicate it is planning a series of these. Such  a move is normally
undertaken to slow down the economy, for instance to combat inflation.
It also tends to devalue the currency.

Bad news for the consumer of stuff from other countries, then.

The rates calendar for Canada is a month off. How should Canada
respond!?




 https://www.xe.com/






http://www.cbrates.com/

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