Why Canadians can expect low interest rates for longer

Financial Post

Don't look for another interest rate hike for two more years;  in fact, there is a one in three chance the Bank of Canada will actually cut rates before the end of this year, Morgan Stanley predicts.  The latest forecaster to take a stab at the impact of plunging oil prices on Canada's economy, the American bank stands out for its bearish take.  The bank not only pushed its forecast for the first rate hike to 2017, it predicted others would soon follow suit.

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