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10: Bank of Canada Holds Rates Steady - When Will We See Rate Cuts?
Manage episode 412087890 series 3564208
Sisällön tarjoaa Tom Moffat & Brandon Love, Tom Moffat, and Brandon Love. Tom Moffat & Brandon Love, Tom Moffat, and Brandon Love tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
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EPISODE DESCRIPTION
In this episode, Tom & Brandon explain the recent Bank of Canada Announcement which held the variable rate, meaning still no cuts this year after multiple increases since the pandemic.
What was discussed:
→ Why we haven't seen any rate cuts yet and when we might see the first rate cut this year.
→ The influence the US has on Canada and how Canadian politics will play their part.
→ And why the fixed rates will most likely increase soon.
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