Markets Calling for More Rate Cuts from the Bank of Canada
The Loonie Hour
00:00
Inflation Data and Bank of Canada's Rate Cuts
The chapter analyzes the latest inflation data, focusing on decreases in components like shelter and energy while discussing the acceleration of grocery prices and mortgage interest rate costs. The conversation debates the potential for the Bank of Canada to cut rates further, the shrinking contribution of mortgage costs compared to rent inflation, and the uncertainties surrounding real estate market dynamics and potential recession risks.
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