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10: Bank of Canada Holds Rates Steady - When Will We See Rate Cuts?
Manage episode 412087890 series 3564208
İçerik Tom Moffat & Brandon Love, Tom Moffat, and Brandon Love tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan Tom Moffat & Brandon Love, Tom Moffat, and Brandon Love veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.
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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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