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Board index » General » Current Events

Central bank slashes key rate to 1.5 per cent

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Newsbot CKA Uber Posts: 30650 Posted: Tue Dec 09, 2008 4:25 pm Title: Central bank slashes key rate to 1.5 per cent Category: Business Posted By: Hyack Date: 2008-12-09 13:06:12 Canadian

Robair CKA Super Elite

Posts: 8157

Posted: Tue Dec 09, 2008 4:25 pm

Five year fixed was NOT the way to go.

DrCaleb CKA Moderator

Posts: 53994

Posted: Tue Dec 09, 2008 4:52 pm

Robair Robair:

Five year fixed was NOT the way to go.

Yes it is, and you know it. In the 3-5 year range, interest could go to 10% + like both of us are expecting. In which case, ~4.5% will make us look like geniuses.

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Board index » General » Current Events

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