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China’s economy is struggling. A coordinated stimulus to curb the crippling housing crisis and support local governments is being announced. We explore the measures undertaken and contemplated and their potential implications for portfolios.
The Bank of Canada lowered its benchmark interest rate by half a percentage point in October, to 3.75%.
At some point next year, there is the potential that interest rates in Canada could sit meaningfully below interest rates in the U.S. Interest rate differentials - often influence currency flows, as funds gravitate towards higher-yielding currencies
In the past few weeks, a series of measures have been announced by China: interest rate cuts, funds to support the stock market, and the lowering of downpayment requirements on homes, amongst other things.
The Fed has finally aggressively lowered interest rates. While a steeper yield curve reflects the market’s optimism that rate cuts will shore up the economic outlook, further steepness could be a sign the Fed will cut rates deeply, likely due to a re
