Coy Vandertoorn Advisory Group
Fed needs more proof of falling inflation
Canadian exports fall
No set timing on a Fed rate cut
All eyes on labour market data
In today’s Federal Open Market Committee (FOMC) statement, the US Federal Reserve (the Fed) once again decided to hold the target range for the federal funds rate at 5.25%-5.5%.
In the 2024 federal budget, the Canadian government proposed an increase to the capital gains tax inclusion rate effective June 25, 2024.