Banks are already punishing the savers just based on assumptions for years on cheap money and printed money. So you have people who have borrowed beyond their means! Why the rest of Canadians must suffer for their luxury cars and houses.?

Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

Oh my god not Royce. So inflation almost got to 10 percent and they just got off the couch to hike rates. We have not even seen 2% yet and we are jamming cuts. These bank economists are sickening. This is absolutely disgusting. .

4 rate cuts this year? Is this guy insane?

It’s a simpleton perspective to only look at rates. What drives inflation? - yes rates are a big part of the story But… - so is immigration (at an all time high) - so does government spending (at an all time high) - so does trade and currency factors - so does productivity (all time low) - so does regulation (worst in the G7) The reality is all the commenters on this video have been “trained” to think rates and rates alone dictate direction. A 25 bps rate is nothing, until rates are cut by 150 bps the impact is very small - people forget - a 4% mortgage rate would be the highest rates since 2008, the current 6+% rates are the highest since 2000….no one is saying go back to 0% or 2% mortgages - magnitude of cuts and relative rates matter. We are at a 25 year high right now so long as we don’t whipsaw back to the 25 year low, so long as immigration comes down, so long as governments start to show austerity, so long as productivity starts to improve, etc … it’s complicated…

hold the rate

Cut the rates, go ahead, send inflation to 20%.

No rate cut yet. Leave it alone until after the summer. It’s too soon to start lowering. Federal spending and “policies of depravation” i.e. higher Federal taxes are what’s crushing productivity and investment in 🇨🇦.

Yes. Next question. ;)

Silliest questions.

We means the banks not the BOC

How exactly are BoC rate cuts going to help fixed rate borrowers that are renewing? Unless the people renewing their fixed rate mortgages switch to variable, they're at the mercy of what bond yields are doing, primarily the USD 5-year. I think Canadian mortgage renewals are in deep trouble regardless what the BoC decides to do this year/next year.

People who think the interest rates will come down need to put down Rob Ford's crack pipe.

Can you guys speak with someone that doesn't have a financial incentive for rate cuts to happen? Would be nice to get an unbiased response. If mortgage rates come down people will have more to spend and what will they spend it on? Housing. Hence more inflation. Until the expectation that prices are going to keep going up is not vanquished mortgage rates are not going to go down. The most important thing about an economy is predictability and nothing about predictability is more important than the expectation of long term 2% inflation. 2% is a random number some guy from New Zealand come up with but it is an important number because we all believe it as an important number.

Oh rate cut cheers leaders wants rate cut during the high inflation 😂

Yes, just another hold rates

Inflation in Toronto Real Estate has been running at 13 percent per year when it should have been 3 percent per year . Why was nothing done to curtail this inflation?

How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards

Let’s see what happens when they cut rates and inflation comes roaring back. What is the bank of Canada going to look like then. Can anyone say “transitory”. That didn’t age well.

I wonder what did he smoked before the interview with such housing bubbles plus high inflation all this problems was caused by low interest rate environment for more than a decade..is a cycle and borrowing has a cost smart man!

These financiers are so hot and heavy about pushing the BoC into giving them fat profits on the CAD-USD carry trade.

Looney tunes, the world , She's a round, no , she's a flat, she's a round, she's a flat, no one knows what is happening, only that they are trying to rope in more interest from mortgages

The BOC doesn't exist for, or answer to, the real estate casino.

Not this guy again!!🤯

And the Farmer hauled another load away. 🙄

That what you guys get for waiting for a “””””” market crash””””””” 😂

NO!!! you want the recession to re-balance the economy. make it more affordable for everyoneThe housing markets needs to go down further. I really don't know where these people's head are !!!

Out of touch analysis for the most part

Bankster Greed

Oh my god not Royce. So inflation almost got to 10 percent and they just got off the couch to hike rates. We have not even seen 2% yet and we are jamming cuts. These bank economists are sickening. This is absolutely disgusting. .