TD’s chief economist on where rates, housing markets and crude oil prices will be heading next
The remaining months of the year may create significant volatility in markets. Economic data will be a focal point for investors along with the U.S. election.
On Thursday, the U.S. Federal Reserve will announce its rate decision. As of Monday, the market was pricing in a 99-per-cent chance of a 25-basis-point cut. However, there is greater uncertainty surrounding the Bank of Canada’s rate announcement decision at its Dec. 11 policy meeting. According to LSEG markets data, there is a 56-per-cent probability of a 25-basis-point cut and a 44-per-cent probability of another 50-basis-point cut.
Categories
Recent Posts
Large Forest Hill penthouse with city views rakes in three bids
Low ask and swift review of offers draws three bids for Riverdale semi
Rural Ontario farmsteads merge architecture with agritourism
Hamilton-area real estate agent accused of voyeurism through secret recording devices
Commercial real estate investors growing more active — and more selective
This condo developer is letting buyers put units on layaway for $1,000 a month
Inside a restored $7.6-million 'California-style' High Park bungalow that was originally built more than a century ago
No, aging baby boomers will not trigger a glut of suburban homes for young families
Edmonton-founded Initia moves 1,000 agents to eXp Realty
Great Expectations!
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "