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Jules Boudreau
Senior Economist at Mackenzie Investments, providing insights into the Canadian economy and interest rate policies.
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Dec 12, 2024
• 20min
What does the latest interest rate cut mean for you?
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Jules Boudreau, Senior Economist at Mackenzie Investments, dives into the recent interest rate cut by the Bank of Canada and its potential impacts on Canadian households. He expresses concern over the economy's trajectory, highlighting the need for lower rates amid rising unemployment. The conversation explores how these cuts could influence consumer spending and the real estate market. Boudreau also discusses the challenges of accurately forecasting economic shifts, especially with tariff threats complicating inflation and growth rates.
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