Post by
flamingogold on May 03, 2024 11:30am
Rate cuts on the horizon
BoC likely to cut in June with Canada's economy weakening and today's US jobs report was lower than expected which puts 2 US cuts back on the table. Some say Sept but I think that messes with what will already be a messy election. Most likely Nov and Dec. I believe they want unemployment to tap 4% (currently back up to 3.9%) before pulling the trigger.