DaSilva, Jones, and Myers Advisory Team
US home sales drop
Talking internal trade
Canadian business outlook worsened in Q2
US President Trump announced tariffs of 25% on goods imports from Canada and Mexico, and 10% on imports from China.
The US Federal Reserve (Fed) maintained the target range for the federal funds rate at 4.25% to 4.50%.
The Bank of Canada (BoC) announced a 25 basis points (bps) rate cut today, bringing the target for the overnight rate to 3.00%.