Powell Suggests Fed Embarking on 1990s-Style Mini Easing Cycle – Bloomberg

Federal Reserve Chairman Jerome Powell hearkened back to the central bank’s 1990’s policy successes by suggesting he can sustain the record long U.S. economic expansion with just a modest reduction in interest rates.
— Read on www.bloomberg.com/news/articles/2019-08-01/powell-suggests-fed-embarking-on-1990s-style-mini-easing-cycle

Bank of Canada unlikely to follow any Fed interest rate cut: experts

The U.S. Federal Reserve is widely expected to cut its interest rate Wednesday for the first time in over a decade — a big step, though one unlikely to pull Canada’s central bank out of its holding pattern any time soon. The Bank of Canada sent signals earlier this month that the Canadian economy is very much on its own path and, at least in the short term, has no reason to follow any move by the Fed to lower rates.
— Read on www.msn.com/en-ca/money/topstories/bank-of-canada-unlikely-to-follow-any-fed-interest-rate-cut-experts/ar-AAF72iO

Fed to cut rates for first time since 2008 to save economic expansion

The Fed is about to take the unusual step of cutting interest rates to save an economic expansion, not an economy that is in a downward spiral.
— Read on www.cnbc.com/2019/07/30/fed-to-cut-rates-for-first-time-since-2008-to-save-economic-expansion.html

Where is the next home price bubble brewing? Canada, New Zealand most vulnerable – BNN Bloomberg

Where is the next home price bubble brewing? Canada, New Zealand most vulnerable – BNN Bloomberg
— Read on www.bnnbloomberg.ca/where-is-the-next-home-price-bubble-brewing-canada-new-zealand-most-vulnerable-1.1294261

Asset Bubbles to Zombie Companies: The Dark Side of Rate Cuts

(Bloomberg) — Warren Buffett’s warning that you only learn who’s swimming naked when the tide goes out is hardly heard these days as waves of easy monetary policy wash over the world’s financial markets.The U.S. Federal Reserve and fellow central banks are only trying to support economic growth and
— Read on ca.finance.yahoo.com/news/asset-bubbles-zombie-companies-dark-230001210.html