Recent data has increased our confidence that inflation will continue to move toward 2% target: BoC
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Publicado 2024-07-24
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Todos los comentarios (21)
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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.
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The canadian government does not incentivise productivity.
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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
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Clearly robing people all over Canada
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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. 😂
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Government spending and carbon tax is now the main driver for inflation. Canada economy is doomed.
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What ever they say the opposite happens expect a full economic collapse in 2025-2026
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GREAT NEWS.....MUST BRING BACK TO 3% FASTER.....
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And unemployment in canada increasing like crazzy cause of an immigration influx.
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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.
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They are liars
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Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.
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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 .
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Keep it up everyone! Don’t buy anything till we love the price.
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I just had a TD bank draft get bounced..so TD bank isn't even covering their cheques now
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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
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Bank of Canada cuts key interest rate to 4.5% with hints of more to come!! YES!
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Amazing Trudeau goes on vacation and rates drop...LOL
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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!
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Amazing how it constantly changes depending on what they want it to be rather than what it really is. They have a so many different measures of inflation that they just pick the one that they want. In this case they're talking core inflation which is the one they use when they want inflation to look low because it strips out all the things that inflate a lot, things like food and energy, because no one actually needs to use either of those things.
