The Front Bench on the rate cut | Power Play with Vassy Kapelos
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- čas přidán 4. 06. 2024
- The Front Bench panel discusses the Bank of Canada cutting its overnight rate by 25 basis points and what it means politically.
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Freeland is excited that we may vote for them now. NOT!😅😅😅😅😅
Get real, .25% decrease will not make a hill of beans difference to anyone, rates will have to come down a lot to get to affordable rates on mortgages, no one is going to be running to sign up even now.
will make a 0.05% difference to fixed rates though
We can celebrate a bit when they reach 3.0
Lets be serious, we are still seeing 2.7% inflation on top of the record 8% inflation we had a couple years ago. Things have to get a lot better before we can put the affordability crisis in the rearview mirror.
its all about making the poor poorer
Freeland looks like she needs an Air Freshener.
A coffin.
She definitely sniffs her own farts.
As soon as saw the rate cut i was like "and freeland will be claiming this is because of her and her government in 3, 2, 1...."
What hot garbage. If it werent for their policies we would have had rate cuts at least a year ago.
Massive insolvencies coming in real estate. Freeland and Trudeau has created a disaster.
$50B deficit.
If I'm not mistaken it's actually 70B.
I will be damned if i let a journalist try to explain economic to me.
Mister speaker..... sound like nails on a chalkboard.
This is far from a deal breaker. Justin, your a deal breaker
That rate cut means nothing 0.25 is nothing wait till next week it will change
The reason Canada cut is because we have a shrinking per capita GDP. Not something for Freeland to celebrate.
Our economy is screwed for decades it seems
I love Vassy she is smart and beautiful .💐 And she ask the hard questions, that Canadians deserve. Thank you Vassy
There's nothing to celebrate because inflation still so high..products and services still continue rising I don't know where they get the 2.7% from Cherry pick data I guess plus when you lower the rate housing flippers are back to work than housing bubbles 2.0 will kick in..oh my gosh 😂
Wage gains today came in huge at 5.1 percent almost a full point higher than in America. The Bank of Canada rate needs to be hiked to at least 6 percent to quell any wage inflation leading to an endless wage price spiral and runaway inflation.
Gas lighting - Next round of inflation is coming - Similar to 70's - We are in Stagflation - No doubt
Buy assets - stocks and real estate. This is the only way to build wealth. And the governing party makes very little difference.
You’re correct. Even though the Liberals have increased capital gains tax. But it is the path forward.
@@svenhodaka9145lmao, stupid😊
4 more .... we meant 4 more interest rate cut 😅 ( not 4 more years of the ruling Trudeau's NDP-Liberals government )
Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022
How please...?
I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance
She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.
😱Sounds familiar, I have heard her names on several occasions.. And both her success stories on wall street journey!
Freeland is sad and pathetic . Can’t wait for an election just so I don’t have to ever hear her speak again. She speaks to the public like they are toddlers
25 basis points not 0.25 basis points my friend.
Right? So called experts
Does it really matter we are still at 2.7 means nothing
the rate decrease is a real game changer
I think it’s been baked into new mortgage rates for the past 60-90 days. It does nothing to help supply. The defaults will continue to ramp over the next 24 months as those covid mortgages come for renewal. My 2 cents.
whoopty doo
Eddie Munster
Buy properties before it goes to the moon! Rates headed back to 2% halaluya
Keep on dreaming you may never see 2% rate.
@@theowoytowich9959we would need to halt immigration for a couple years and deport at least a few million.
@@theowoytowich9959Tiff did say 2.75-3.0% eventually lol
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