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Monetary Policy and Economic Landscape Analysis
This chapter examines the evolving monetary policy in the U.S. and Canada, focusing on anticipated interest rate cuts and their implications for the economy. It discusses the contrasting pressures of rising service costs against falling goods prices and assesses potential market complacency amidst high debt levels. The chapter further explores the challenges facing the housing market, particularly in British Columbia and the U.S., in light of significant economic shifts and fiscal policies.