Recent data has increased our confidence that inflation will continue to move toward 2% target: BoC

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Publicado 2024-07-24
Etienne Bordeleau-Labrecque, vice president and portfolio manager at Ninepoint Partners, and Sal Guatieri, senior economist at BMO Capital Markets, joins BNN Bloomberg to discuss the recent BoC rate cut decision.

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Todos los comentarios (21)
  • @Success-James
    Merci pour les mises à jour continues, je préfère négocier en bourse car c'est plus rentable. Je gagne en moyenne 34 500 $ par semaine même si je négocie à peine.
  • @tito5428
    The canadian government does not incentivise productivity.
  • We all know it's false. Inflation is at least twice as high as reported. They changed how they measure Inflation. Just look at food prices
  • @aaronwang8237
    The egg and milk price are rising more than 50% in these two years and have no sign that the price is going to drop. Then they are telling us the inflation is going to fall back to 2%. This government is run by all idolts. 😂
  • @tommysong8463
    Government spending and carbon tax is now the main driver for inflation. Canada economy is doomed.
  • @rajgupta3802
    GREAT NEWS.....MUST BRING BACK TO 3% FASTER.....
  • @dougiep2769
    I just had a TD bank draft get bounced..so TD bank isn't even covering their cheques now
  • @tigalbaby
    The cut was certainly supported by the data . But what is now the equilibrium policy rate ? .. the rate at which both inflation and unemployment is stable. If it’s 4% then there are a couple of cuts to come . Good news for savers as GIC rates may stabilize at around 4. 25% . But mortgage rates may remain at 6% for the medium term .
  • I just think its ridiculous that instead of powering through the last of the inflation from the lockdowns we instead decided to add ANOTHER crisis in the form of jacking up interest on all the debt we took during them. So now we have effectively negative growth and defaults in the period when we were supposed to be recovering. The hard part was over, inflation was coming down before we raised the rates, I just can't fathom why we introduced this new obstacle in the 11th hour.
  • @shem4753
    And unemployment in canada increasing like crazzy cause of an immigration influx.
  • @XReal0101
    What ever they say the opposite happens expect a full economic collapse in 2025-2026
  • @tomtom5.9
    2 drinks 2 chocolate bars and a bag of chips 20 bucks, feels rough for kids getting a snack, 30-40 bucks for 2 burger meals yikes
  • @stephenr6194
    At least 1.5 million dollars for a small townhouse that’s the shelter cost..lowering the rate won’t bring down the housing prices!
  • @SW-li7gd
    We need a new government that do not throw good tax dollars away.