BoC widely expected to cut interest rates today, odds leaning toward half-point cut

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monilynno
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Re: BoC widely expected to cut interest rates today, odds leaning toward half-point cut

Post by monilynno »

You all ready for a 50 cent dollar and everything you buy in the grocery store to get even more expensive.
Tack
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Re: BoC widely expected to cut interest rates today, odds leaning toward half-point cut

Post by Tack »

monilynno wrote: Dec 11th, 2024, 6:20 am You all ready for a 50 cent dollar and everything you buy in the grocery store to get even more expensive.
This rate cut is already built in, CAD actually went up on the news release. Not going to be 50 cent dollar, even for an air chair economist that's a bad prediction not based in reality.
tillybug
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Re: BoC widely expected to cut interest rates today, odds leaning toward half-point cut

Post by tillybug »

so they gave us poor dogs a bone, very generous.
dragonfly_baby23
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Re: BoC widely expected to cut interest rates today, odds leaning toward half-point cut

Post by dragonfly_baby23 »

What a bunch of liars - fore casting weaker economic growth next year and blaming the governments immigration policy like it wasn’t their catastrophic raising of the interest rates in such a short time.
woodchuck
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Re: BoC widely expected to cut interest rates today, odds leaning toward half-point cut

Post by woodchuck »

Economic growth is killing planet Earth.
twobits
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Re: BoC widely expected to cut interest rates today, odds leaning toward half-point cut

Post by twobits »

woodchuck wrote: Dec 11th, 2024, 11:43 am Economic growth is killing planet Earth.
And you are killing the rest of us with your opinions none backed up with any reference. It is people like you that yell fire in a crowded theater for nothing more than alarming people. And what is sick is I actually think you enjoy that. There is a term for that type of personality that eludes me right now. Think it starts with psy.
Your posting history clearly shows you are a rabid socialist so maybe their is some explanation for your affliction.
77TA
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Re: BoC widely expected to cut interest rates today, odds leaning toward half-point cut

Post by 77TA »

woodchuck wrote: Dec 11th, 2024, 11:43 am Economic growth is killing planet Earth.
So you're saying this is all Trudeau's fault? I agree.
Tack
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Re: BoC widely expected to cut interest rates today, odds leaning toward half-point cut

Post by Tack »

77TA wrote: Dec 11th, 2024, 4:45 pm
woodchuck wrote: Dec 11th, 2024, 11:43 am Economic growth is killing planet Earth.
So you're saying this is all Trudeau's fault? I agree.
So you're saying Trudeau is responsible for economic growth? I'll have whatever you're smoking!
monilynno
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Re: BoC widely expected to cut interest rates today, odds leaning toward half-point cut

Post by monilynno »

Tack wrote: Dec 11th, 2024, 7:45 am
monilynno wrote: Dec 11th, 2024, 6:20 am You all ready for a 50 cent dollar and everything you buy in the grocery store to get even more expensive.
This rate cut is already built in, CAD actually went up on the news release. Not going to be 50 cent dollar, even for an air chair economist that's a bad prediction not based in reality.
Silly it already takes $1.42 Canadian to buy $1.00 US, what's another 8 cents. Talk about Armchair economists. LOL
Tack
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Re: BoC widely expected to cut interest rates today, odds leaning toward half-point cut

Post by Tack »

monilynno wrote: Dec 12th, 2024, 10:54 am
Tack wrote: Dec 11th, 2024, 7:45 am

This rate cut is already built in, CAD actually went up on the news release. Not going to be 50 cent dollar, even for an air chair economist that's a bad prediction not based in reality.
Silly it already takes $1.42 Canadian to buy $1.00 US, what's another 8 cents. Talk about Armchair economists. LOL
What are you talking about 8 cents? The cad/usd is the same as 2015.

Can you explain why it will drop to 50 cents, which has never happened in the modern history of our two currencies? What will make it drop 20 cents exactly?

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