Great thoughts and charts! I was a boomerang kid from 24-27 but I’ve never heard that term before haha! I’m 33 now. Those years really set me up right but I made good use of every second and every free dollar I earned 🙏🏼
That was a fun read. Think the EU and Canada will keep it going or have some pauses along the way? Mostly asking on behalf of my variable rate Canadian mortgage lol
From a little I know. Canada is seeing good progress on inflation especially core inflation (3-month rolling basis below 2%) and with weaker than expected economic growth, now it is the time to cut.
The Governor is keenly watching core inflation trend to further ease, and from his announcement what could derail inflation progress: "Further progress in bringing down inflation is likely to be uneven and risks remain. Inflation could be higher if global tensions escalate, if house prices in Canada rise faster than expected, or if wage growth remains high relative to productivity."
Great thoughts and charts! I was a boomerang kid from 24-27 but I’ve never heard that term before haha! I’m 33 now. Those years really set me up right but I made good use of every second and every free dollar I earned 🙏🏼
Thanks for reading, Simply Finance! I am so glad you had a great foundation for the future!!
That was a fun read. Think the EU and Canada will keep it going or have some pauses along the way? Mostly asking on behalf of my variable rate Canadian mortgage lol
Thanks so much MarketLab for your kind feedback!
From a little I know. Canada is seeing good progress on inflation especially core inflation (3-month rolling basis below 2%) and with weaker than expected economic growth, now it is the time to cut.
The Governor is keenly watching core inflation trend to further ease, and from his announcement what could derail inflation progress: "Further progress in bringing down inflation is likely to be uneven and risks remain. Inflation could be higher if global tensions escalate, if house prices in Canada rise faster than expected, or if wage growth remains high relative to productivity."
Thanks so much to @My Weekly Stock for restacking my post 🙏🏻!