The rate of inflation has dropped from 6.8% to 6.3%, as announced today. Does that mean on January 25th 2023, that the Bank of Canada will lower the Prime Rate or not increase the current rate? The BOC Prime rate is been tied to the rate of inflation. 2% has always been an acceptable, peak,level for inflation. We still have a long way to go. Economists, are predicting another increase of .25%. We soon will see! # SANDI HALPERN # REAL ESTATE # SOLD # LEASED # INFLATION # INTEREST RATES
