Bank of Canada Poised for Big Rate Cuts Amid U.S. Fed Moves (Sept 27, 2024)

In this video, Josh Tagg breaks down the latest economic signals from the U.S. and Canada, highlighting the potential for significant interest rate cuts by the Bank of Canada in response to inflation and weak GDP growth. As the U.S. Federal Reserve leads with aggressive rate cuts, Canadian economists predict similar moves, possibly lowering rates by up to 2% by 2025. What does this mean for your mortgage and the housing market? Watch for an in-depth analysis of what’s to come and how it impacts Canadian households.

📉 Topics covered:

U.S. Fed's oversized rate cuts and its effect on Canada
Predicted rate drops for the Bank of Canada
Impact of inflation, GDP, and immigration on Canadian economy
Possible political shifts and their impact on the market
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