The Loonie Hour Podcast
Hawkish Powell Says Fed Will Only Cut Rates Once
June 14th, 2024
US CPI data came in softer than expected but that didn’t sway the fed. Projections now call for one cut this year. Producer prices are outright declining. Canadian housing can’t be fixed, surging taxes killing development. The pendulum is swinging to the right as voters reject the status quo.
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