Economic news is improving on several fronts
The vast majority of respondents expect the increase to happen in December, not September or October
Canada’s big banks have trimmed their prime rates by 0.15 percentage points to 2.7%
Rate cut discouraging for savers, positive for stocks
Central bank slashes economic outlook
Recent developments have tipped the scales toward greater urgency
A quarter-point cut is likely at the central bank’s next interest rate announcement on July 15
Recession “a real possibility” for Canada
Economy proves to be more challenging in the first half of 2015 than central bank had projected
A SIFMA survey of securities industry economists suggests that most expect an interest rate hike to take place in the third quarter