Financial Markets Report - Transforming Money Into Wealth

The Federal Reserve has been dropping hints about a major decision that’s coming. Here's what's happening: the FED finally admits the truth on their plan for lowering interest rates. That's right, they're considering making borrowing money easier. But why? And what does this mean for us? The Federal Reserve has recently made some significant admissions that are sending ripples through the financial world. The Federal Reserve governors are expressing concerns about inflation and interest rates. They are considering lowering interest rates due to worries about prolonged inflation. This is based on recent data from the Fed's meetings and market expectations.

Beata Caranci, chief economist at TD Bank Group, talks with Financial Post's Larysa Harapyn about the Bank of Canada's 25-basis-point interest rate cut, and what to look for from the central bank during the remainder of 2024

Bank of Canada cut interest rates for the first time since it launched a historic hiking cycle to combat inflation in March 2022. Read on

The rise of China over the last decade as a global leader has significantly challenged the U.S.'s long-standing position as the world's dominant power. This shift did not occur overnight. The transition from a unipolar to a multipolar world is rooted not only in the strategic actions of China and other Global South countries but also in the shortcomings of U.S. policies and actions.

In this video, we will compare the policies and actions of the U.S. and China to explore the underlying reasons for the current geopolitical landscape. By examining these factors, we aim to shed light on the root causes of the changing balance of global power.