Interest rates are staying put: but for how long?
Update: 2025-07-31
Description
This week, Ashish Utarid, Assistant Vice-President, Investment Strategy at IG Wealth Management discusses the reasons why the Bank of Canada and U.S. Federal Reserve both decided to maintain the interest rate status quo. He explains why neither bank is willing to cave in to market or political pressure, and why, nevertheless, there is likely to be a divergence in the two countries’ monetary policies. Ashish also explores what this will mean for the markets and your portfolio.
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