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Rate Cuts Delayed Again — Here’s the Real Reason!
Manage episode 496661046 series 2965970
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!
100 episodes
Manage episode 496661046 series 2965970
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!
100 episodes
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