Thus prime rate is very important, as it can even contribute to the collapse of the entire economy.
Not exact matches
A better indicator is
thus the
prime - age (25 - 54 year - old) employment
rate.
Thus, if the Bank of Canada decides to reduce basis points by 50 or 0.50 percent, the
Prime rates are likely to decrease too.
The
prime bank
rate canada lays a direct impact on the lending
rates, which, in turn, affect domains, such as mortgage, small business and personal loans,
thus keeping the financial stability of Canada intact.
Thus, if the
prime rate adjusts higher at the end of the month, your HELOC
rate goes up the very next day.