Navigating 2024: FEDs Rate Decision, Canadian Economic Challenges, and Real Estate Outlook

The Federal Reserve's recent decision to maintain interest rates during their final meeting of the year has ignited discussions in financial circles. While the decision itself was expected, the surprise came with the central bankers' projections for 2024. The Fed now anticipates a total of 75 basis points in rate cuts next year, indicating a departure from earlier projections. This trend is mirrored by traders and economists in Canada, which are now pricing in 4-5 cuts in 2024, totalling 125 ...