Did the Bank of Canada Just Waive the White Flag? – The Loonie Hour #055 - Steve Saretsky

Steve
Saretsky

DATE

2023
- 04
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2022
- 12
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2021
- 12
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Did the Bank of Canada Just Waive the White Flag? – The Loonie Hour #055

Steve Saretsky -

October 28, 2022

Did the Bank of Canada Just Waive the White Flag? – The Loonie Hour #055 The Bank of Canada hiked a dovish 50bps this week, contrary to market expectations for a larger move. Is the Bank of Canada the first to throw in the towel? What are the implications for the Loonie? Meanwhile, new home sales are tanking in Canada, falling more than 90% in Toronto. Financial stability risks are increasing as we await another jumbo hike from the US Fed next week. Live Event at the Hockey Hall of Fame is now SOLD OUT! Thank you!! Listen to The Loonie Hour on your favourite podcast platform: The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469 #TheLoonieHour #Macroeconomics #PersonalFinanceCanada

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The views expressed are those of the author, Steve Saretsky, an Oakwyn Realty REALTOR®, and do not necessarily reflect those of Oakwyn Realty. It is provided as a general source of information only and should not be considered personal investment advice or a solicitation.