Bank of Canada Goes Big (again) [Video]

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In this episode, I’llunpack the Bank of Canada’s decision to cut its key interest rate by another 50 basis points, marking a cumulative 175-point reduction. Learn why these moves were made, their immediate effects on Canadians, and the broader risks and opportunities they present for the economy.

Also in this episode:

🛢 U.S. Inflation: November inflation nudges upward to 2.7%. Energy prices decline but food and shelter costs see notable rises, keeping economic pressures in play.
🏠 Canadian Rent Trends: Rents drop to a 15-month low, offering relief for new renters. Yet, prices remain significantly higher compared to two and three years ago.
✈️ Airline Industry Outlook: Global airline revenue is projected to soar past $1 trillion by 2025, despite delivery delays and environmental concerns tied to expansion.

Thank you to BMO ETFs for supporting this video. Learn more at:
https://www.bmoetfs.com

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The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

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This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances.

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