Comment by
rad10 on Jul 30, 2024 3:40pm
That's not an unreasonable decision. Inflation seems to have eased up. A second rate cut was telegraphed. Is this unexpected to you?
Comment by
Torontojay on Jul 30, 2024 3:52pm
The rate cuts are necessary but they may be late to the game. When you cut rates for a second consecutive month, it's not necessarily great news as she would have you believe. It tells us the economy is deteriorating quicker than the rest. Of course, the liberals will spin the narrative to make you believe what they want you to believe. We should know better than that.
Comment by
rad10 on Jul 30, 2024 4:00pm
Late to the game, but relatively early to do so...... damned if you do, damned if you don't. 3 more meetings this year - there will likely be a couple more cuts. Mortgage renewal wall inbound in 2025.... Freeland being female is a problem? She's considerably more capable than her boss. (That's not saying too much, but it's fairly obvious).