September Rate Cut Possible: Fed's Latest Update

The Beavis Wealth Podcast

🤗 Join over 150,000+ DIY Investors on the Blossom app (FREE) ➤ https://getblossom.page.link/brandon

In this episode, the Federal Reserve maintains its key interest rate between 5.25% and 5.5%, but hints at a possible rate cut in September. Economic indicators show expansion, though job gains have slowed and inflation remains elevated. The Fed is focused on achieving maximum employment and 2% inflation.

Also in this episode:

🛏️ A new study reveals that converting Airbnbs won't significantly impact Canada's housing crisis, with less than 1% of housing stock affected.

🔄 TC Energy sells a 5.34% pipeline stake to 72 Indigenous communities for $1 billion, aiming to reduce debt and fund investments.

🏢 Condo rents in Greater Toronto and Hamilton decrease by 1.2% for the first time in three years due to increased completions.

Thank you to the sponsors of today's video:
BMO Global Asset Management, BMOGAM:
https://www.bmogam.com

Fawcett Mattresses:
https://fawcettmattress.com
Use Code BEAVIS10 for 10% off your order!
-----------

📥 Subscribe to the Pulse Newsletter for Weekly Market News ➤ https://thepulse.beaviswealth.com/
Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy
Follow Us On Blossom ➤ https://getblossom.page.link/brandon
Instagram ➤ https://bit.ly/3Oechgh
LinkedIn ➤https://bit.ly/3RLndF7
Website ➤ https://www.beaviswealth.com
-----------

🏦🇨🇦 Sign Up Bonuses 💰💸:
► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK
► Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQt
► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Z
► 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: [e-mail]

-----------

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 expressed herein by Beavis Wealth regarding a particular company, security, industry, or market sector should not be considered as an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.

BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.