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Could Trump’s Ceasefire Lower Canadian Mortgage Rates?
Last week Trump looked at 4.2% American inflation and said he loves it.
Days later the war he blamed for it started to end and oil dropped. Both halves of that reach your Canadian mortgage.
Alex walks the whole chain: why a president's celebrating inflation is reckless when the U.S. spends about a trillion dollars a year just on debt interest, how the breaking US-Iran deal pulled the war premium out of oil, why cheaper oil could ease bond yields and your fixed rate,the catch for Canada as an oil producer, and where the Bank of Canada fits.
This is breaking news, so the deal is treated as…
The skinny
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