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For those who think all western central banks coordinate their action, it might be time for the fed to let the dogs loose. Let the games begin!
Canadian real estate bros be like, we're so back
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Canada is a mess but this might indeed signal a Fed rate cut soon.
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all central banks are coordinated one was or another. A lower rate would tank their currency against USD, so everyone gotta rush to low rates at more or less the same time.
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"With the economy in excess supply, there is room for growth even as inflation continues to recede." There is room for growth? Where?
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Now it's time! Fed must follow it's Canadian counterparts. What I can assure that there will only be 1 rate cut this year in US and not more than this.
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Haha, Canada would be the first one to cave. I'm sure the ECB will signal a rate cut soon as well.
As for the U.S., I'm sure Biden is hawing and hemming over the idea of cutting right before the election. A politically motivated rate cut. Yikes - Opt out...
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