Interest rates weren't cut this week. Why? It's complicated.
Episode description
Interest rates weren't cut this week. Why? Well, it's complicated.
The Bank of Canada didn't give borrowers a break when it set policy on Wednesday, as Tiff Macklem cited the need to wait for more data points.
The word "uncertainty" is being thrown around, although ironically, the economy was actually stronger in the first quarter than forecast.
Host Mike Eppel speaks to experts about the lack of a cut and what that means for the market, home buyers and home owners.
Guests:
Claire Fan, Senior Economist, Royal Bank of Canada
Phil Soper, President Royal LePage
Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!