Expect BoC rate cut on July 24th: economist
10,299
Published 2024-07-16
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All Comments (19)
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3:32 Econmist: we see clear disinflation pressure and it is on a good side. Me watching a Big Mac Combo just costed me $12 + $1.5 for tax. I don't see any disinflation happening and I don't believe this Big Mac would be cheaper in the next 10 years. These economists are delusional and high. 😂
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So can we use the basket of goods that we used for 50 years? Still chicken and no steak?? Go away. Clown show!!
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Rate cuts ain’t doing crap who cares
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And I feel like this guy is protecting his boss. Like a 1/2 would tell us the economy is failing!! We know it is. Jokes!!
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put rent into cpi with 40% weightage , then count cpi..
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Umm...last year inflation was 6% this time, still over 10% over the last 2 years.
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Rise the rates back to 5. These economists are liers
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2.7% is still 0.7-1.7% OVER target, so BOC just going to move the goal posts again?
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rent has tripled since 2018
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just say to citizens buy house or go to hell
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Watch the Canadian dollar tank like a rock in the great lakes.
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they've expecting a rate cut since the beginning of this year
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Economist wrong as usual I called this a long time ago Not because of inflation its because of unemployment
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Canadian economy going downhill.
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Canada just needs affordable rent which would be $600/ month for fixed-income people. No province is considering this when doing formula calculation for affordable housing. PP is right NIMBY is the root cause of unaffordable housing.
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Canada needs negative interest rates.
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Rate hike is needed
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A quarter of a point? Big deal! That will not help any Canadians!
