The "Fed' is often referred by the media. This refers to the US Federal Government and their interest rate announcements. Changes to either the Canadian Bank rate or the "Fed" will have an influence on the Canadian and global stock markets and economies.

Low interest rates are great for borrowers (people with mortgages and debt) but of concern for lenders (such as bonds or GIC's). This means people have to debate between taking added risk with alternate 'income-type' investments or accepting a low return offered through traditional bonds and GIC's.

Contact us if you want to know if should be doing during these times and given interest rates are likely to increase over time.