Hawkish Powell Says Fed Will Only Cut Rates Once - The Loonie Hour Episode 140

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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BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.

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