Quote:
Originally Posted by blankall
Canada's production is fading pretty quickly in comparison to the USA, who is seeing their economy surge.
Would be a really bad idea not to listen interest rates.
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The jobs numbers today were higher though. This reduces the likelihood of a June rate cut. I feel like the markets (overall, Canada and the US) got overly excited about a rate cut and started pricing in numerous cuts. In reality though, the economy is in good shape and people are tolerating these rate cuts. The rush to cut rates just doesn’t seem to be there, although we’re closer in Canada than the US.