Bank of Canada cuts needed to keep recession at bay

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Published 2024-07-29

Royce Mendes talks about the Bank of Canada's latest decision and what it tells us about the economy and where interest rates go from here.

All Comments (6)

@Downey32 7 hours ago

Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in March 2024
@kenvandeburgt1232 7 hours ago

Bank cut is going to further devalue the dollar.
@SelinaGomesde 6 hours ago

I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated!
@Doug-zl8nb 6 hours ago

Jobs go to governments new cousins
@murrat 6 hours ago

So I'm bailing out the people who have big mortgages? This is bad news. Rates are not high enough and the municipalities have too much red tape. The great reset will hopefully eliminate some of these problems until it's a problem again.