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10: Bank of Canada Holds Rates Steady - When Will We See Rate Cuts?
Manage episode 412087890 series 3564208
Kandungan disediakan oleh Tom Moffat & Brandon Love, Tom Moffat, and Brandon Love. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Tom Moffat & Brandon Love, Tom Moffat, and Brandon Love atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
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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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