"Under normal circumstances, the bank meets every six weeks to set its interest rate, and only takes action outside of those time frames when the situation calls for it.
Friday's decision shows just how seriously Canadian policy-makers are taking the coronavirus situation. It's the first time the bank has moved its rate higher or lower outside of a scheduled meeting since the financial crisis in 2009."
Bank of Canada unexpectedly cuts interest rate to 0.75%
Looks like a pretty clear indication of forecasted economic slowwww down by Canada's leading economic authority.
Interestingly,
What does an economic slowwww down look like?
There's a surplus of panic selling lower lows and a shortage of buyers to fill demand of panic sellers...creating lower lows,in a race to get out of unwanted positions in 'hopes' to Buy Back Later for Less.
Also interesting,
Every'Body counts. It's becoming obvious that anyone and everyone can and does have influence on anyone and everyone here.
What's this mean for the well being of the planet?
Wealth and Prosperity.
Good health in fact.
Universal health care is coming to the forefront. Like a follow through narrative birthing from the outflows of the Universal Basic Income and Living Income Guaranteed projects,research and investigations.
It is profoundly ironic,
The corollary effect:
Wealth and Health
What does Universal Wealth'Care look like?
Dare I say,
Collectively,
We've not yet had the Audacity as a species to transcend the antiquated win/loss modalities of Business into:
Planetary All Won. Changing the paradigm. Each Being, naturally natured to roleplaying new found, profound possibilities behind the Quest of the Question?
What is possible with sound governance?
Kansas is going bye bye.
Buckle Your Seat Belts.
Fascinating Times are Here.