Episode 265: The Ripple Effect of Interest Rate Cuts

Welcome to Think Smart with TMFG, your weekly podcast on what’s newsworthy and relevant to everyday Canadians. Join Senior Financial Advisor Rob McClelland and Mike Connon of Assante Capital Management as they discuss the recent interest rate cut of 0.25%.

After an 18-month wait, the much-anticipated rate reduction is here. Rob and Mike explore why this small change has significant implications, from controlling inflation to its impact on the housing market, stock market, bond market, and the Canadian dollar.

They discuss the government’s difficult position in managing inflation and debt and the reaction of financial markets and offer insights on what investors and homeowners should consider during these volatile times.

Tune in to understand the complexities of interest rate changes and how they affect the broader economy. Visit tmfg.ca to speak to a financial advisor.

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