What changed this quarter, and the one figure we're watching next. No forecasts, no headlines.
WHERE THINGS STAND
Key rate
Held for the quarter
Held
Mortgages
New-loan rates
Flat
Inflation
Everyday goods
Eased
RATES
Where rates stand
The central bank held its benchmark rate steady this quarter, after two increases earlier in the year. Borrowing costs on new loans and mortgages stayed roughly where they were three months ago.
This doesn't tell us what happens next quarter, and we won't pretend it does. It's simply where things stand today.
The gap between inflation on everyday goods and on housing. Goods eased this quarter; housing held firm. If that gap narrows, it changes the conversation around near-term rate decisions.
Nothing here changes a long-term plan built around your goals rather than one quarter's news.
ALSO USEFUL
Two short reads
A year-end checklist
Retirement limits and deadlines to check before the year closes.
