BMO experts: what a changing interest rate environment means for you
On September 18, the U.S. Federal Reserve announced its first interest rate cut in more than four years, following a historic period of rising rates to target inflation. You might be wondering: what does that mean for you?
The Fed’s decision will have ripple effects across the U.S. and Canadian economies. As thought leaders in this space, we’ve gathered five BMO experts who can break down the various impacts of this rate cut.
To kick us off, Scott Anderson, Chief U.S. Economist, shares his insights on what a changing interest rate environment means for you, the U.S. economy, and the goal the Fed is trying to achieve:
Tom Parrish, Head of U.S. Retail Lending, shares his insights on what a changing interest rate environment means for real estate, car buying and auto lending:
Sal Guatieri, Senior Economist, shares his insights on how the Fed’s interest rate reduction will affect Canada:
Simeon Siegel, Retail and Services Analyst, shares his insights on how the Fed’s rate cut will impact consumer and business spending:
Brian Belski, Chief Investment Strategist – and one of the few experts who predicted the rate cut’s initial impact on the market a year ago – shares his insights on how the market will adapt based on the Fed’s rate cut:
In a changing rate environment, BMO can help you make real financial progress. Find out more at BMO.com.