Interest rates weren't cut this week. Why? It's complicated.
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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 We love feedback at The Big Story, as well as suggestions for future episodes. You can find us: Through email at hello@thebigstorypodcast.ca Or @thebigstory.bsky.social on Bluesky Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
