2 Rate Cuts, Now What ?
The Canadian Real Estate Investor
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Interest Rate Predictions and Economic Implications
This chapter explores the anticipated interest rate cuts by the Bank of Canada, highlighting predictions from Canada's major banks. It discusses the potential impacts of these cuts on borrowers and the economy, emphasizing the tension between economic growth and inflation. The conversation also addresses the complexities of the Canadian economic landscape, including the concept of 'per capita recession' and the disconnect between macroeconomic statistics and individual experiences.
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