Fed Unlikely To Cut Rates This Summer | Powell Says Economic Data Still Too Strong
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đź“Ą Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ Get your Ticket for an upcoming meeting close to you!Toronto - https://www.eventbrite.ca/e/908390940757?aff=oddtdtcreatorNew York - https://www.eventbrite.ca/e/908525984677?aff=oddtdtcreatorMontreal - https://www.eventbrite.ca/e/908528361787?aff=oddtdtcreatorCalgary - https://www.eventbrite.ca/e/911412207447?aff=oddtdtcreatorVancouver - https://www.eventbrite.ca/e/911416911517?aff=oddtdtcreator In this episode, it looks like the US Federal Reserve is unlikely to cut interest rates this summer. Stronger-than-expected economic data and recent comments from policymakers suggest maintaining the current policy. Traders now anticipate only one rate cut by the end of the year, impacting markets and highlighting the Fed's cautious stance. Also in this episode:đź•’ The U.S. and Canada move to T+1 settlement cycles, reducing settlement risk and improving market efficiency. đź›’ Canada's Competition Bureau investigates Loblaw and Sobeys for alleged anti-competitive practices in their lease agreements. đź’¬ JPMorgan Chase CEO Jamie Dimon warns of potential economic challenges, including the risk of stagflation and unpredictable interest rates. Learn More about BMO ETFs: https://www.bmogam.com/ ----------- Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandonInstagram ➤ https://bit.ly/3OechghTikTok ➤ https://bit.ly/3PlNvfwLinkedIn ➤https://bit.ly/3RLndF7Website ➤ https://www.beaviswealth.com----------- 🏦🇨🇦 Sign Up Bonuses đź’°đź’¸: â–ş Qtrade Direct Investing Online Brokerage (Get $50 upon opening and funding a new account, up to $150 for 3 accounts). - https://api.fintelconnect.com/t/l/6583645fd703fa001b0af6e5 â–ş Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrKâ–ş Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQtâ–ş Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Zâ–ş NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances. Business Inquiries: [email protected] ----------- Beavis Wealth Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing. ----------- BMO Disclaimer: This content is sponsored by BMO Exchange Traded Funds. This content is intended for information purposes only. This content has been prepared by Beavis Wealth and represents its assessment at the time of publication. Beavis Wealth is compensated under this arrangement by BMO Exchange Traded Funds. The content contained herein does not necessarily represent the views of BMO Global Asset Management. The views expressed herein by Beavis Wealth are subject to change without notice. The content contained herein is not, and should not be construed as, investment advice to any party. Any securities described herein must be evaluated relative to the individual’s investment objectives and risk tolerance, and professional advice should be obtained with respect to the individual’s particular circumstances. The views ex
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