If you are curious about the future of interest rates, keep a close eye on consumer spending this holiday season. If spending drops by more than 5% compared to last year, we could see rates start to decline sooner rather than later. That would be a welcome Christmas present for many! š Of course, if spending remains strong, rates could stay the same or even rise. ā¹
Items that may only interest or educate me ā¦.
Canadian Economic news, US Economic news, Setting money aside for a rainy day, Bard, meet Gemini, ā¦