TSX:BPO.PR.A - Post by User
Post by
pierrelebelon Jul 31, 2024 4:32pm
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Post# 36156976
Interest Rate Outlook
Interest Rate Outlook
In the USA, the Federal Reserve Bank has kept its interest rates unchanged today.
Many now expect a lower rate in September. Maybe, maybe not. The Fed usually does not move rates a few weeks before a federal election. Their following meeting would be two days after the election.
In Canada the yield on the 5 year Canada bond keeps going down, trading slightly below 3.09% late this afternoon.