federal reserve: Polish up those Crystal Balls!!
- 11/02/07 01:24 AM
How will the Canadian housing market fair with the U.S. Federal Reserve dropping the rate by another .25%? Our Canadian economy has seen good growth over the past few years while our neighbours south of the border have had, to put it mildly - a hard go of it. An unpopular war sucking billions of dollars out of its economy, the sub prime fiasco, and now our best trading partner's dollar hovering at .94 to our $1.00 - is there light at the end of the tunnel. Are our housing prices going to bottom out, go through the proverbial roof, where's Greenspan when we need him!! I (4 comments)