Economist thinks there's a 'long road' ahead until Canada experiences a sharp interest rate decline
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- เผยแพร่เมื่อ 20 พ.ค. 2024
- Conference Board of Canada Chief Economist Pedro Antunes shares his expectations for a 'slow decline' in Canada's interest rates.
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I guess my grocery store didn’t get the memo 😂
Mine either. The affordable thing is Kraft Dinner
They did. You're just the odd one out among big government and big business.
you are right , The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the canadian dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
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There's a long road ahead until Canada experiences a sharp decline in Liberal MPs, net zero.
-interest rate drop
-inflation rate drop
+Carbon tax increase
= net negative
2:25 This dude just said the bank of canada is MOST concerned about wages going up! Canada is a mess!
canada's been sold.
Messages accused Freeland of being "smug," "elitist," "clueless" and "entitled."
It is written: ‘Sociopaths are incapable of guilt or shame for their actions; they don’t feel remorse as they are only concerned with their own interests.’
Let’s put the liberals & NDP
In the rear view mirror.
Let’s vote ☑️for 🤗 Poilievre
Can't even make round coins there.
What
trudeau has to go our Canadian are going to suffer
We’re not getting a rate cut in June..
Let’s make sure we control inflation on wages that’s definitely going to help pay the mortgage and grocery bill
Right?!?! So what everyone needs to do is get a wage reduction to reign in inflation😂
Fraser and Trudolt filled all the affordable housing that the service sector reqires for their employees, with foreign students. Deliberate malfeasance against the working classes.
Everything is great because insane prices are INCREASING slower
mind games
Exactly! This is a great demonstration of the opposite situation of the power of compounding in the sense of investments.
It’s a painful comparison when we look at 2019 prices compared to 2024. 😳
As soon as Bank of Canada cuts, inflation spikes and the dollar sinks until it becomes the new Peso.
2.7%. Removing the c.t. would result in a 0.6% drop. Which would put is just about on target at 2.1%.
Would lower it by a lot more then 0,6
@@jumbome7420 0.6% is the BoC number
Canada needs to raise interest rates we're already half a point lower than in America.
This is what election interference and backroom deals with the NDP get you.
Wages its ok for tiff to get his raise but other no no cant have that
Jack intrest up,double digits!!!
It worked for Mexico now everyone is flocking there.