{"id":350742,"date":"2023-08-29T13:29:50","date_gmt":"2023-08-29T13:29:50","guid":{"rendered":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/?p=350742"},"modified":"2023-08-29T13:38:09","modified_gmt":"2023-08-29T13:38:09","slug":"opting-for-rate-increases","status":"publish","type":"post","link":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/","title":{"rendered":"Opting for Rate Increases Which Slightly Exceed Expectations May Be a Prudent Approach."},"content":{"rendered":"\n

The Bank of Canada recently implemented rate hikes in July, and the institution is hinting at further increases in 2023.\u00a0<\/p>\n\n\n\n

As observed in numerous media reports, a 25-basis-point uptick is on the horizon for September, potentially nudging the overnight rate to 5.25%.<\/p>\n\n\n\n

This decision arises from a strong and unforeseen statement, which has set the scene for forthcoming adjustments. The target of achieving a 2% inflation rate by mid-2025 implies an extended timeline.<\/p>\n\n\n\n

This underscores the potential for additional rate hikes in September, which could influence rate reduction plans. The Bank’s method involves thorough evaluation of economic indicators, focusing on the positives over the negatives.<\/p>\n\n\n\n

This strategy acknowledges both economic resilience and potential deceleration, particularly in the housing market due to increased rates. The inclination leans towards a deliberate “overshoot” rather than an “undershoot.”<\/p>\n\n\n\n

Managing an overshoot can be achieved through timely rate reductions, whereas addressing an undershoot, especially concerning inflation control, is a complex task. This underscores the Bank’s delicate balancing act in economic navigation.<\/p>\n\n\n\n

From our vantage point, an approach involving a final push to elevate interest rates, and subsequently faster restoration to lower rates (around 4-5%), could prove more beneficial, compared to maintaining rates at a relatively elevated level, and prolonging their duration. Considering impending mortgage reviews, having a lower rate when the time comes to renew would be of great benefit to property owners, and most particularly to the segment of the population that would have a hard time adapting to high rates.<\/p>\n\n\n\n

Meanwhile, the market appears to be adaptable to higher rates in the short term while sustaining a reasonably stable level of activity.<\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

The Bank of Canada recently implemented rate hikes in July, and the institution is hinting at further increases in 2023.\u00a0 As observed in numerous media reports, a 25-basis-point uptick is on the horizon for September, potentially nudging the overnight rate to 5.25%. This decision arises from a strong and unforeseen statement, which has set the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[84],"tags":[],"class_list":["post-350742","post","type-post","status-publish","format-standard","hentry","category-real-estate-and-news"],"acf":[],"yoast_head":"\nOpting for Rate Increases Which Slightly Exceed Expectations May Be a Prudent Approach. - \u00c9quipe Mark-Andr\u00e9 Martel<\/title>\n<meta name=\"description\" content=\"Opting for rate increases which slightly exceed expectations may be a prudent approach. Read more about it here.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Opting for Rate Increases Which Slightly Exceed Expectations May Be a Prudent Approach. - \u00c9quipe Mark-Andr\u00e9 Martel\" \/>\n<meta property=\"og:description\" content=\"Opting for rate increases which slightly exceed expectations may be a prudent approach. Read more about it here.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/\" \/>\n<meta property=\"og:site_name\" content=\"\u00c9quipe Mark-Andr\u00e9 Martel\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-29T13:29:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-29T13:38:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/marc-andre-martel-staging.jurassicodes.com\/wp-content\/uploads\/2023\/08\/MAM23-Target-Rates-EN-1024x1024.png\" \/>\n<meta name=\"author\" content=\"info@sh1ftdigital.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"info@sh1ftdigital.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/opting-for-rate-increases\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/opting-for-rate-increases\\\/\"},\"author\":{\"name\":\"info@sh1ftdigital.com\",\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/#\\\/schema\\\/person\\\/7f820e8b50a6272309378f1b4ab3dac2\"},\"headline\":\"Opting for Rate Increases Which Slightly Exceed Expectations May Be a Prudent Approach.\",\"datePublished\":\"2023-08-29T13:29:50+00:00\",\"dateModified\":\"2023-08-29T13:38:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/opting-for-rate-increases\\\/\"},\"wordCount\":281,\"image\":{\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/opting-for-rate-increases\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/MAM23-Target-Rates-EN-1024x1024.png\",\"articleSection\":[\"Real Estate & News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/opting-for-rate-increases\\\/\",\"url\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/opting-for-rate-increases\\\/\",\"name\":\"Opting for Rate Increases Which Slightly Exceed Expectations May Be a Prudent Approach. - \u00c9quipe Mark-Andr\u00e9 Martel\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/opting-for-rate-increases\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/opting-for-rate-increases\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/MAM23-Target-Rates-EN-1024x1024.png\",\"datePublished\":\"2023-08-29T13:29:50+00:00\",\"dateModified\":\"2023-08-29T13:38:09+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/#\\\/schema\\\/person\\\/7f820e8b50a6272309378f1b4ab3dac2\"},\"description\":\"Opting for rate increases which slightly exceed expectations may be a prudent approach. Read more about it here.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/opting-for-rate-increases\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/opting-for-rate-increases\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/opting-for-rate-increases\\\/#primaryimage\",\"url\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/MAM23-Target-Rates-EN-1024x1024.png\",\"contentUrl\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/MAM23-Target-Rates-EN-1024x1024.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/opting-for-rate-increases\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Opting for Rate Increases Which Slightly Exceed Expectations May Be a Prudent Approach.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/\",\"name\":\"\u00c9quipe Mark-Andr\u00e9 Martel\",\"description\":\"10 ans en toute confiance\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/#\\\/schema\\\/person\\\/7f820e8b50a6272309378f1b4ab3dac2\",\"name\":\"info@sh1ftdigital.com\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6fbd34fba3a57d1736f6a5057f8ada8219eee8e83ec2efdf125a737ed727166c?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6fbd34fba3a57d1736f6a5057f8ada8219eee8e83ec2efdf125a737ed727166c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6fbd34fba3a57d1736f6a5057f8ada8219eee8e83ec2efdf125a737ed727166c?s=96&d=mm&r=g\",\"caption\":\"info@sh1ftdigital.com\"},\"sameAs\":[\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\"],\"url\":\"https:\\\/\\\/marc-andre-martel-staging.jurassicodes.com\\\/en\\\/author\\\/infosh1ftdigital-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Opting for Rate Increases Which Slightly Exceed Expectations May Be a Prudent Approach. - \u00c9quipe Mark-Andr\u00e9 Martel","description":"Opting for rate increases which slightly exceed expectations may be a prudent approach. Read more about it here.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Opting for Rate Increases Which Slightly Exceed Expectations May Be a Prudent Approach. - \u00c9quipe Mark-Andr\u00e9 Martel","og_description":"Opting for rate increases which slightly exceed expectations may be a prudent approach. Read more about it here.","og_url":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/","og_site_name":"\u00c9quipe Mark-Andr\u00e9 Martel","article_published_time":"2023-08-29T13:29:50+00:00","article_modified_time":"2023-08-29T13:38:09+00:00","og_image":[{"url":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/wp-content\/uploads\/2023\/08\/MAM23-Target-Rates-EN-1024x1024.png","type":"","width":"","height":""}],"author":"info@sh1ftdigital.com","twitter_card":"summary_large_image","twitter_misc":{"Written by":"info@sh1ftdigital.com","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/#article","isPartOf":{"@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/"},"author":{"name":"info@sh1ftdigital.com","@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/#\/schema\/person\/7f820e8b50a6272309378f1b4ab3dac2"},"headline":"Opting for Rate Increases Which Slightly Exceed Expectations May Be a Prudent Approach.","datePublished":"2023-08-29T13:29:50+00:00","dateModified":"2023-08-29T13:38:09+00:00","mainEntityOfPage":{"@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/"},"wordCount":281,"image":{"@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/#primaryimage"},"thumbnailUrl":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/wp-content\/uploads\/2023\/08\/MAM23-Target-Rates-EN-1024x1024.png","articleSection":["Real Estate & News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/","url":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/","name":"Opting for Rate Increases Which Slightly Exceed Expectations May Be a Prudent Approach. - \u00c9quipe Mark-Andr\u00e9 Martel","isPartOf":{"@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/#primaryimage"},"image":{"@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/#primaryimage"},"thumbnailUrl":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/wp-content\/uploads\/2023\/08\/MAM23-Target-Rates-EN-1024x1024.png","datePublished":"2023-08-29T13:29:50+00:00","dateModified":"2023-08-29T13:38:09+00:00","author":{"@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/#\/schema\/person\/7f820e8b50a6272309378f1b4ab3dac2"},"description":"Opting for rate increases which slightly exceed expectations may be a prudent approach. Read more about it here.","breadcrumb":{"@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/#primaryimage","url":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/wp-content\/uploads\/2023\/08\/MAM23-Target-Rates-EN-1024x1024.png","contentUrl":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/wp-content\/uploads\/2023\/08\/MAM23-Target-Rates-EN-1024x1024.png"},{"@type":"BreadcrumbList","@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/opting-for-rate-increases\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/"},{"@type":"ListItem","position":2,"name":"Opting for Rate Increases Which Slightly Exceed Expectations May Be a Prudent Approach."}]},{"@type":"WebSite","@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/#website","url":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/","name":"\u00c9quipe Mark-Andr\u00e9 Martel","description":"10 ans en toute confiance","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/#\/schema\/person\/7f820e8b50a6272309378f1b4ab3dac2","name":"info@sh1ftdigital.com","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6fbd34fba3a57d1736f6a5057f8ada8219eee8e83ec2efdf125a737ed727166c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6fbd34fba3a57d1736f6a5057f8ada8219eee8e83ec2efdf125a737ed727166c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6fbd34fba3a57d1736f6a5057f8ada8219eee8e83ec2efdf125a737ed727166c?s=96&d=mm&r=g","caption":"info@sh1ftdigital.com"},"sameAs":["https:\/\/marc-andre-martel-staging.jurassicodes.com"],"url":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/author\/infosh1ftdigital-com\/"}]}},"meta_box":[],"_links":{"self":[{"href":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/wp-json\/wp\/v2\/posts\/350742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/wp-json\/wp\/v2\/comments?post=350742"}],"version-history":[{"count":3,"href":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/wp-json\/wp\/v2\/posts\/350742\/revisions"}],"predecessor-version":[{"id":350756,"href":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/wp-json\/wp\/v2\/posts\/350742\/revisions\/350756"}],"wp:attachment":[{"href":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/wp-json\/wp\/v2\/media?parent=350742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/wp-json\/wp\/v2\/categories?post=350742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marc-andre-martel-staging.jurassicodes.com\/en\/wp-json\/wp\/v2\/tags?post=350742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}