Player FM ऐप के साथ ऑफ़लाइन जाएं!
Bank of Canada Cuts Rates to 4.5% - What It Means
Manage episode 430609467 series 3343796
📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/
In this episode, the Bank of Canada reduces its benchmark interest rate to 4.5% amid shifting economic priorities. Governor Tiff Macklem discusses future rate cuts as inflation nears the 2% target. We examine the implications for homeowners and the overall economic outlook.
Also in this episode:
💼 The MNP Consumer Debt Index reveals financial strain despite recent rate cuts, with many Canadians struggling to make ends meet.
🛒 Canada introduces a new grocery code of conduct to address tensions between retailers and suppliers, aiming to foster fairer practices in the industry.
📉 Visa's stock drops after a revenue miss, prompting analysts to lower their price targets, despite solid earnings growth.
Thank you to BMO ETFs for supporting this video.
Learn more at https://www.bmoetfs.com
-----------
Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy
Follow Us On Blossom ➤ https://getblossom.page.link/brandon
Instagram ➤ https://bit.ly/3Oechgh
TikTok ➤ https://bit.ly/3PlNvfw
LinkedIn ➤https://bit.ly/3RLndF7
Website ➤ https://www.beaviswealth.com
-----------
🏦🇨🇦 Sign Up Bonuses 💰💸:
► Qtrade Direct Investing Online Brokerage (Get $50 upon opening and funding a new account, up to $150 for 3 accounts). - https://api.fintelconnect.com/t/l/6583645fd703fa001b0af6e5
► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK
► Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQt
► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Z
► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s
The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances.
Business Inquiries: support@theinvestingacademy.ca
-----------
Beavis Wealth Disclaimer:
The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.
-----------
BMO Disclaimer:
This content is sponsored by BMO Exchange Traded Funds.
This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.
The views expressed herein by Beavis Wealth regarding a particular company, security, industry, or market sector should not be considered as an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.
BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.
462 एपिसोडस
Manage episode 430609467 series 3343796
📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/
In this episode, the Bank of Canada reduces its benchmark interest rate to 4.5% amid shifting economic priorities. Governor Tiff Macklem discusses future rate cuts as inflation nears the 2% target. We examine the implications for homeowners and the overall economic outlook.
Also in this episode:
💼 The MNP Consumer Debt Index reveals financial strain despite recent rate cuts, with many Canadians struggling to make ends meet.
🛒 Canada introduces a new grocery code of conduct to address tensions between retailers and suppliers, aiming to foster fairer practices in the industry.
📉 Visa's stock drops after a revenue miss, prompting analysts to lower their price targets, despite solid earnings growth.
Thank you to BMO ETFs for supporting this video.
Learn more at https://www.bmoetfs.com
-----------
Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy
Follow Us On Blossom ➤ https://getblossom.page.link/brandon
Instagram ➤ https://bit.ly/3Oechgh
TikTok ➤ https://bit.ly/3PlNvfw
LinkedIn ➤https://bit.ly/3RLndF7
Website ➤ https://www.beaviswealth.com
-----------
🏦🇨🇦 Sign Up Bonuses 💰💸:
► Qtrade Direct Investing Online Brokerage (Get $50 upon opening and funding a new account, up to $150 for 3 accounts). - https://api.fintelconnect.com/t/l/6583645fd703fa001b0af6e5
► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK
► Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQt
► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Z
► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s
The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances.
Business Inquiries: support@theinvestingacademy.ca
-----------
Beavis Wealth Disclaimer:
The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.
-----------
BMO Disclaimer:
This content is sponsored by BMO Exchange Traded Funds.
This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.
The views expressed herein by Beavis Wealth regarding a particular company, security, industry, or market sector should not be considered as an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.
BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.
462 एपिसोडस
Tutti gli episodi
×प्लेयर एफएम में आपका स्वागत है!
प्लेयर एफएम वेब को स्कैन कर रहा है उच्च गुणवत्ता वाले पॉडकास्ट आप के आनंद लेंने के लिए अभी। यह सबसे अच्छा पॉडकास्ट एप्प है और यह Android, iPhone और वेब पर काम करता है। उपकरणों में सदस्यता को सिंक करने के लिए साइनअप करें।