Rate Cuts Delayed Again — Here’s the Real Reason!
from Make Money Count Hosted by Cannect Inc.
Why are Canadian interest rates stuck? On this Make Money Count episode, Marcus & Justin break down the latest CPI numbers and explain why the Bank of Canada isn't cutting rates soon – and what it means for your wallet. We cover: Stubborn Core Inflation: Even with overall CPI cooling, core inflation is still too high. The Tariff Impact: How tariffs are driving up prices on everything from groceries to clothing. Stagflation Warning: What stagflation (inflation without growth) means for Canada's economy. No Quick Fixes: Why you shouldn't expect significant rate cuts or a housing market boom anytime soon. Get the real scoop on why rates are stuck and what to expect for 2025 and beyond!
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