TSX:AX.PR.E - Post by User
Post by
Torontojayon Oct 04, 2024 1:01pm
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Post# 36253513
Why cut rates
Why cut rates If the US economy is so strong? Just keep rates the same as it is or else you might gain more inflation and a higher long term interest rate. It's not a coincidence that the 10 year is rising along with gold.
This is why I believe it's one of 2 things:
a) we are in a recession or very close to one or,
b) the economy is booming which will cause more inflation and long term interest rates to go higher.