Disliked{quote} I will highlite the hint that the next interest rate hike is coming brother: Quote " Governor Lowe: "With interest rates so low, now is a good time for us to move in this direction. Hopefully, the changes might encourage a few more people to think about the merit of taking out very large interest-only loans when interest rates are near historical lows." Also he mentioned: "It is important, though, that we are all realistic about what these and other prudential measures can achieve. As I said before, the underlying driver in our housing market...Ignored
Anyway, I am just voicing based on today. Recent Data didn't support the rate hike, these are what they stated in their previous statements.
As for next Interest Rate decision, I am not disagreeing what you say, because we still need to wait for upcoming data to be release for them to act on.
The only winner is the one who survive the longest...
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