Shashank Bhatt- Dominion

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๐Ÿ“‰ Rate Cuts Are Back โœ‚๏ธ๐Ÿ’ตโœ… The Fed just delivered its first 0.25% cut of 2025โœ… The Bank of Canada resumed easing after a ...
09/25/2025

๐Ÿ“‰ Rate Cuts Are Back โœ‚๏ธ๐Ÿ’ต

โœ… The Fed just delivered its first 0.25% cut of 2025
โœ… The Bank of Canada resumed easing after a pause
โœ… More cuts are expected โ€” at least one more this year ๐Ÿ”ฎ

๐Ÿ“Š Markets welcomed the move, but the path forward is uncertain โ€” which could bring more ๐Ÿ“ˆ๐Ÿ“‰ volatility.

๐Ÿ”‘ What this means for you:
๐Ÿ‘‰ Lower rates = opportunities for borrowers & investors
๐Ÿ‘‰ Timing of future cuts is still unclear โณ
๐Ÿ‘‰ Canada ๐Ÿ‡จ๐Ÿ‡ฆ may have less room, but another cut is likely

Iโ€™ll be watching closely ๐Ÿ“Œ and am here to help you plan around these shifts. ๐Ÿ’ฌ Letโ€™s connect if youโ€™d like to discuss how this could impact your goals.

07/24/2024

The Bank of Canada (BoC) is expected to announce an interest rate decision on 24th July (Wednesday), with predictions leaning towards another rate cut following June's low inflation figures.
Banks likely to reduce prime rate to "6.7 %"
The BoCโ€™s benchmark interest rate is currently 4.75 per cent, following a 25-basis-point (0.25 per cent) cut on June 5 โ€“ the first reduction in over four years. Economists are forecasting another 25-basis-point cut on Wednesday, which would lower the BoC rate to 4.5 per cent. This rate is crucial for interbank borrowing.
Banks typically respond by lowering their "prime" lending rates by the same amount, from 6.95 to 6.7 per cent, making borrowing cheaper for Canadians.
Immediate Impact on Adjustable-Rate Mortgage Holders; Fixed Rates May Not Drop.
Adjustable-rate mortgage holders will see an immediate benefit, but there is no guarantee that fixed mortgage rates will decrease. However the bond market may have already factored in Wednesdayโ€™s expected rate cut, so fixed rates might not decline further.
the U.S. economy has a โ€œbigger impactโ€ on fixed rates than BoC rate decisions because Canadaโ€™s five-year government bond yield typically follows the U.S. Treasury 10-year yield.

The Bank of Canada today reduced its target for the overnight rate to 4ยพ%, with the Bank Rate at 5% and the deposit rate...
06/05/2024

The Bank of Canada today reduced its target for the overnight rate to 4ยพ%, with the Bank Rate at 5% and the deposit rate at 4ยพ%. The Bank is continuing its policy of balance sheet normalization.


Wishing Everyone a very Happy Holi & Great year Ahead
03/25/2024

Wishing Everyone a very Happy Holi & Great year Ahead

Keeping a close eye on economic indicators, and it's time for an update! The Bank of Canada has just announced its decis...
03/06/2024

Keeping a close eye on economic indicators, and it's time for an update! The Bank of Canada has just announced its decision on interest rates. ๐Ÿ“ˆ๐Ÿ“‰
๐ŸŒ The official interest rate has remained unchanged to 5%, reflecting the commitment to steering Canada's economic ship through these dynamic times.
๐Ÿ‘‰ Wondering how this decision might affect you? Stay tuned as we break down the key insights and implications for businesses, homeowners, and savers.
๐Ÿ’ฌ We value your input! Share your thoughts and questions in the comments below, and our team will be delighted to engage with you.
๐Ÿ๐Ÿ’ฐ

We again appreciate the trust and are committed to consistently delivering the best for clients like you. Humbled for be...
02/17/2024

We again appreciate the trust and are committed to consistently delivering the best for clients like you. Humbled for being part of your financial journey..


Want to express my sincere gratitude for your positive testimony. clients kind words mean a lot to us, and we are thrill...
02/14/2024

Want to express my sincere gratitude for your positive testimony. clients kind words mean a lot to us, and we are thrilled to hear about your positive experience

We appreciate your trust and are committed to consistently delivering the best for clients like you. Humbled for being part of your financial journey


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