Bank of Canada cuts interest rate to 4.5% with hints of more to come | FULL
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2024-07-24に共有
This comes as the second straight reduction on the Bank of Canada's policy rate, which broadly informs the cost of borrowing across the country.
Though Macklem said the bank is "equally concerned" about being either below or above its two per cent target, he assured Canadians that they will now "have more income for other things" with the latest decision, following a particularly strained economic period.
"If we continue to make progress and inflation continues to come down broadly in line with our forecast, it is reasonable to expect, some further cuts going forward," Macklem said.
The move was widely expected by economists as inflation continues to cool and the Canadian economy shows signs of weakness.
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コメント (21)
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This should worry Canadians. The BoC knows our economy is in serious trouble. This confirms: rough times ahead.
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house holds arent feeling just a pinch with interest rates, theyre feeling a punch
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U want home price to fall, just raise the rates, u want to ease the people with debt, just cut the rates.
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Conclusion. Prices will never come down. The Milk that people used to buy for $3.97 and is now $5.89 and will stay same or increase in the future. People need to understand the system is not designed to handle aggregate deflation. It is designed for higher price. Meaning after 10yrs at 2% inflation the $5.89 milk bag will be $7.18.
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High interest rate means your dollars are worth its weight in gold; the lower the rate means your dollar ain't worth sh#!
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More income for other things? What an exaggeration! How much more?
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Rents are all going up because the owner's cost to carry a mortgage has gone up. They are of course going to pass that on to the renter. Duh!
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Yes they will do zero again to drag you in more debt... keep it up bad work
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You need to stop telling canadian that inflation went down because it's not true. A bottle of oil was 4 to 6 dollars, now that same oil is 12 dollars
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Recession Recession let The Big Depression come
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Inflation Wins!! Fatality!!
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5 yrs ago I renewed for 1.65%, the bank rate will have to come down a hell of a lot!
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U need to go to jail
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OMG how many times people need to ask the same questions. I feel bad for the governor.
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RUFF
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BoC take away is easy does it.
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People are saving for mortgage increases? Saving!!!???? Let them eat cake smth?
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3:30 opposing forces
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Brotha eww. Inflation is still rampant and they are lowering rates?. So stupid
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Let's hope that Pierre fires this grifter.
