Bank of Canada to 'stay cautious' after rate cut

Рет қаралды 4,478

25 күн бұрын

Beata Caranci, chief economist at TD Bank Group, talks with Financial Post's Larysa Harapyn about the Bank of Canada's 25-basis-point interest rate cut, and what to look for from the central bank during the remainder of 2024

Пікірлер: 35

@rodgertim2881 20 күн бұрын

To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game. Risk comes from not knowing what you are doing.

@BarbaraPearson55 20 күн бұрын

I'm getting worried about the rising housing prices. It seems like it's becoming harder to afford a home these days.

@ZhannaDavidova 20 күн бұрын

Absolutely. And with the fear of not being able to retire comfortably, people might be tempted to make risky investments or neglect proper financial planning, which could spell trouble for their portfolios in the long run.

@ClayneBanks 20 күн бұрын

And let's not forget how the global economy plays into all of this. Economic instability, inflation, and market fluctuations can further complicate matters and add to people's financial worries.

@RaphaelSafr 20 күн бұрын

It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.

@ZhannaDavidova 20 күн бұрын

How did you find a good finance advisor? How do you know if they are trustworthy and competent.

@KatBecker63 23 күн бұрын

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.

@KatBecker63 23 күн бұрын

Linda Wilburn program is widely available online.

@redeyesband 23 күн бұрын

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@dracorpgroup 24 күн бұрын

>Please, let's stop all the illusions about inflation. We have been suffering not from inflation but from the devaluation of our currency. Since 1971 our governments have been spending in deficits and pushing these into debt. This has devalued our currency. So, it takes more of these devalued dollars to buy something, anything. That is why we see prices where they are. >A dollar today is worth about three cents compared to 1971, and with no end in sight. Worse, salaries since then have not kept pace with all this devaluation. Whereas a little bungalow in 1971 could be bought for $10,000 that same house today would cost $300,000. And there is no plan on the horizon to correct this except more debt and, with that, more devaluation. We are one of the richest countries in history and we have people living in tents in our streets!!! Terrible. Comments welcome.

@brettlongfield3291 24 күн бұрын

BIG MISTAKE! Loonie devaluing correspondingly...

@peej91 23 күн бұрын

So now they say there worried about shelter. Where has the BOC been this whole time

@LTADI 24 күн бұрын

BoC full of incompetence

@chris14091975 23 күн бұрын

larysa, get better sound, your show is excellent, it would be worth investing in (a few hundred dollars)

@ianleslie6971 24 күн бұрын

Way to soon. The last increase in the carbon tax won't have worked through the economy for another 3 months. But I guess bankers have to make their bonuses.

@user-kv4kp4co1r 23 күн бұрын

Rate cut is a terrible move, real estate set to go past the moon..

@parkerbohnn 22 күн бұрын

Where I live in Ontario everything all year long has been selling about ask and in bully bids. Now everything will rise by double digits this year. The city is 97 percent Asian by population.

@stephenr6194 23 күн бұрын

What a BS about inflation are coming down shop around daily needs or repairs for automobile than you know is a cherry pick!

@parkerbohnn 22 күн бұрын

In the same time-frame this year the Canadian dollar fell hard and the carbon tax was brought in. I simply can't believe that they think the people in Canada can be this naïve.

@JessT-vg7ib 24 күн бұрын

We need to devalue the currency to increase exports as well as increase immigration.

@bobbyprofitt6077 24 күн бұрын

Inflation is coming down? What do u think cutting interest is?

@parkerbohnn 22 күн бұрын

it came down in Volcker era but the second wave spiked much higher than the first wave. Keeping in mind the inflation figures back then were the legit or true figures unlike today when the true inflation rate is about double the stated rate told to the public due to mass distortions in the redefining of the infaltion rate over time.

@robertcox14 24 күн бұрын

Why don't you present the actual announcement by the Bank of Canada? Are you telling us something "different"?

@robertcox14 24 күн бұрын

Predictions are for losers.

@zomgoose 22 күн бұрын

Inflation Wins! More Stagflation!

@user-ei9kw1yu9i 23 күн бұрын

Tiff and his group do not know numbers. I'm not sure why Tiff went to school for finance. Or how he got his job? You can feel inflation is still around. You can see it in the prices at the grocery store. You can see it in the prices when purchasing cars, homes, etc. It is still there. Why risk it and cut? The US has their rate at 5.5% Why are we cutting? To help business investment. Ha. What business? Real estate? Investors buy more homes up.