Larry Wants to Buy a New Car,and Is Planning to Borrow

True/False

Larry wants to buy a new car,and is planning to borrow the money for his purchase from a bank.He has just read in the newspapers that the Bank of Canada is likely to implement policies in the next few weeks that are designed to stimulate the economy,which is currently in a recession.Larry would probably get a lower interest rate on his car loan if he waits until after the Bank of Canada implements its new policies.