In the latest Rosedale Family Office podcast, hosts Julia Farrow and Sunny Singh dissect the key market events from August, offering a deep dive into the major events that shaped the markets.
They discuss U.S. Federal Reserve Chair Jerome Powell’s recent pivotal comments, which have opened the door for a potential near-term interest rate cut, and what this could mean for the global economy. The hosts also touch on the resilient but cooling labour markets and how a surprising change in recent U.S. job numbers has completely altered the narrative for a potential rate cut. You’ll also learn about the current state of inflation, with the hosts noting that while there has been some improvement, core inflation remains a bit sticky in the U.S., while Canada’s inflation has cooled more quickly, giving the Bank of Canada more flexibility to cut rates.
Don’t miss this insightful recap to understand the forces at play and gain clarity on where markets might be heading next!