Why the Bank of Canada Forecasts are Often Optimistic and Often Wrong

New Bank of Canada governor Stephen Poloz’s first policy-rate announcement last week was a largely predictable effort to stay the course set by his predecessor, Mark Carney. With little in the way of global growth expected this year, Canada’s economy is expected to remain “choppy” and interest rates will remain near historic lows.

via Why the Bank of Canada is optimistic, and often wrong, in its forecasts – Business – Macleans.ca.

Bank of Canada pledges steady rates for now (bnn.ca)
Bank of Canada Governor Stephen Poloz signals rates to stay static for some time (business.financialpost.com)

CLICK HERE TO GET TODAY'S BEST WRITING ON THE PLANET DELIVERED TONIGHT

BIZCATALYST 360°https://www.bizcatalyst360.com/about/

WE ARE THE AWARD-WINNING PUBLISHING DIVISION OF 360° NATION —PRESENTING OUR LIFE, CULTURE, AND BIZ MULTIMEDIA DIGEST AS A HUB OF CREATIVE EXPRESSION AND PERSONAL GROWTH. WITH AN EMPHASIS ON ACTION, OUR VAST GLOBAL CONTRIBUTOR COMMUNITY EMPOWERS PEOPLE TO TRANSITION FROM KNOWING WHAT TO DO TO ACTUALLY DOING IT —ALL COMPLEMENTED BY SYNDICATION RELATIONSHIPS WITH A CHOICE GROUP OF EQUALLY INNOVATIVE MEDIA OUTLETS. TODAY AND EVERY DAY, WE SIMPLY DELIVER THE VERY BEST INSIGHTS, INTELLIGENCE, AND INSPIRATION AVAILABLE ANYWHERE —DOING IT OUR WAY BY PLACING OUR WRITERS AND OUR AUDIENCE AT THE FOREFRONT. IT'S MAGICAL. IT'S EVERGREEN. AND QUITE FRANKLY, IT'S JUST GOOD STUFF. PERIOD.

DO YOU HAVE THE "WRITE" STUFF? If you’re ready to share your wisdom of experience, we’re ready to share it with our massive global audience – by giving you the opportunity to become a published Contributor on our award-winning Site with (your own byline). And who knows? – it may be your first step in discovering your “hidden Hemmingway”. LEARN MORE HERE

A DECADE+ OF STORYTELLING POWERED BY THE BEST WRITERS ON THE PLANET

Why the Bank of Canada Forecasts are Often Optimistic and Often Wrong

Related articles

JOIN THE CONVERSATION Cancel reply

"WE DON'T DO IT ALL, BUT WE DO IT ALL FOR GOOD"

let's rediscover humanity togetherIt's About Time ...