Even 50-bps Bank of Canada rate cut could wash over financially stressed consumers, survey suggests --[Reported by Umva mag]

Seven out of 10 Canadians say they feel their cities are unaffordable

Oct 9, 2024 - 16:56

Even 50-bps Bank of Canada rate cut could wash over financially stressed consumers, survey suggests --[Reported by Umva mag]

Canadians are so financially stressed out that the expected relief from a jumbo-sized rate cut by the Bank of Canada could just wash over them, an ongoing survey of people's outlook suggests. Read More

The following news has been carefully analyzed, curated, and compiled by Umva Mag from a diverse range of people, sources, and reputable platforms. Our editorial team strives to ensure the accuracy and reliability of the information we provide. By combining insights from multiple perspectives, we aim to offer a well-rounded and comprehensive understanding of the events and stories that shape our world. Umva Mag values transparency, accountability, and journalistic integrity, ensuring that each piece of content is delivered with the utmost professionalism.