Bank of Canada cuts key interest rate by 50 basis points amid "softer economic outlook" | FULL

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  • Опубліковано 12 гру 2024

КОМЕНТАРІ • 38

  • @FJT-l9m
    @FJT-l9m День тому +8

    So is it time to panic yet?

  • @truecanadian1616
    @truecanadian1616 День тому +3

    When you have a Senior Deputy Governor and likely a Junior Deputy Governor and probably a Deputy Governor what does that tell you about the efficiency and accountability of the Bank of Canada ?? Time for Pierre to have a rewrite of the Banking Act after the way the Liberal Party of Canada has driven fiscal policy without a brain in the House.

  • @argeldelacruz9545
    @argeldelacruz9545 День тому +6

    Variable goes down but fixed rates going up. What’s stopping them from raising it back to 5 percent in 2 months like they did last time! 😡

  • @jaym9846
    @jaym9846 День тому +2

    Just in time! Desperately need more funds to buy more Bitcoins.

  • @xthanman
    @xthanman День тому +1

    So young generational Canadians and "newcomers" are competing for less available jobs? Basically Canadian manufacturing is collapsing and Canada does not have enough trees, since all the valuable trees have already been cut and sold, to sell to China so we are F'ed. GDP is consumer debt spending. You just have to decode what he is saying.

  • @abinmmj
    @abinmmj 20 годин тому

    This is not because economy is doing well. Recession is about to get worse. I bet this rate cut is in anticipation of that. More job loses and layoffs are coming.

  • @kevinalfano3108
    @kevinalfano3108 День тому

    Landing an interview would be rad, hardly noticed these issues while homeless since being injured at work and laid off.

  • @Observer168
    @Observer168 День тому

    The economy was booming right before the rate hikes, thanks for take the pressure off everyone

  • @stephentong8898
    @stephentong8898 День тому

    Rapid rate increases, followed by rapid rate cuts, clearly indicated BoC doesn’t know what they are doing. Economists all drive forward by looking backwards. This time is no difference.

  • @MrBobbyBrown2006
    @MrBobbyBrown2006 9 годин тому

    Tell me we're in a recession without telling me.

  • @TBA-zv9qt
    @TBA-zv9qt День тому

    FJT FJT FJT FJT FJT FJT FJT! Justinder destroyed the Canadian Peso

  • @tomcotter8138
    @tomcotter8138 День тому

    Trudeau and Trump had a strained personal relationship. Trump once said Trudeau was “two-faced,” describing the prime minister as “very dishonest and weak.”
    Now Justin wants all Canadians to come together “team Canada”
    It’s time Justin to take one for the team.
    Let’s put the liberals & NDP
    In the rear view mirror.
    Let’s vote ☑️for 🤗 Poilievre

    • @nitinprasad3842
      @nitinprasad3842 20 годин тому

      If you think pp is going to magically change everything good luck .
      I m not saying the current ones are good.

  • @trip7779
    @trip7779 День тому

    To see growth in employment, you'll have to lower your policy much lower. Investors & Entrepreneurs will now think deeply before taking any loans to fund new businesses, leading to employing people. Basic fundamentals! This is the effect of raising the rates from 0.25 to 5% as quick as they did. Unemployment will hit 8-9 percent before the economy catches that kind of steam, unless they continue cutting each rate annoucement.

  • @RobertCollinsGrigory
    @RobertCollinsGrigory 21 годину тому

    Thank you so much for this amazing video! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?

  • @tedo1908
    @tedo1908 День тому

    There should be another 0.5% cut in January. Should have cut 0.75% today. Unemployment, all time high, why not 0.75% today?

    • @Al-lv7vg
      @Al-lv7vg День тому +4

      Yes, then the Canadian dollar will be valueless, and we can pay more for imported goods.

    • @tomcotter8138
      @tomcotter8138 День тому +1

      @@Al-lv7vg
      Toilet paper

  • @AL1-x3e3f
    @AL1-x3e3f День тому

    So you are learning as a country, why it wasn't a good idea to play with Communism? Amateurs

  • @5genalkhaholic584
    @5genalkhaholic584 День тому

    Hi my name Is AL and my pronouns are he/ him

  • @讷言敏思
    @讷言敏思 День тому

    如约而至❤

  • @ZulfiqarAli-rf6fp
    @ZulfiqarAli-rf6fp 4 години тому

    ❤❤❤❤

  • @YaoAnne-j7g
    @YaoAnne-j7g День тому +1

    !I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated.

    • @FederickLeo
      @FederickLeo День тому

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    • @DerickSams
      @DerickSams День тому

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    • @FederickLeo
      @FederickLeo День тому

      I don't really blame people who panic. Lack of
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      making more than $200k passively by just
      investing through an advisor, and I don't have
      to do much work. Inflation or no inflation, my
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    • @DerickSams
      @DerickSams День тому

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    • @YaoAnne-j7g
      @YaoAnne-j7g День тому

      how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?