Increasing possibility the BoC will cut in April: top strategist
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- เผยแพร่เมื่อ 16 พ.ค. 2024
- Dennis Mitchell, CEO and chief investment officer at Starlight Capital, joins BNN Bloomberg to discuss his expectations for central banks' rate cuts. Mitchell looks at the reason why the Bank of Canada could cut rates in April.
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Either you pay more interest or you pay more for your house this is no winning in Canada for first time owners.
False. Even in the height of covid with near zero interest rates, house prices in many areas in Alberta still did not pass highs from 2008 . If you want to live in hipster doofus land Toronto and Vancouver, you will always be a loser when it comes to housing prices.
Bastard is right
Found the Alberta realtor and landlord. Stay quiet clown.
Taxes being reassessed in Ontario
@@MustyBastard found the Alberta realtor and real estate pumper
Carbon tax increase will increase inflation hence no cuts for near future
Right after fed stated theyll cut rates, Canadian 'experts' all of a sudden started running their echo chambers
TH-cam is becoming another legacy media BuzzFeed. There are some good channels, but most of these "experts" know as much about economics as our Lib government.
They are not gonna cut in April.
they are going to increase in June / July.........
I think you might both be right
I don’t believe a decrease is coming in April, and I wonder if a increase will come soon
NOT happen'in Dennis ! BoC can't risk "importing" inflation through the lower Loonie FX valuation a rate cut would entail before the US Fed cuts rates !
These pundits are off their rocker. They're advocating for hyper inflation
Interest rates are driving the inflation now.
The US just had bad news about their inflation rate. Canada will follow suit. If it doesn't then we're headed for Canadian Pesos.
This will turn to be ugly anyways 😂
lol, these guys make videos for every possible case for the views 😂
Inflation comes down with interest rate cuts.
Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
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Anything to protect Canadas over inflated housing market and Justin’s printing press