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businessJun 14, 20241:02:40pending

Hawkish Powell Says Fed Will Only Cut Rates Once

The Loonie Hour

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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. 

Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8
BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.
BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)

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Hawkish Powell Says Fed Will Only Cut Rates Once

The Loonie Hour

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