TD’s 2024 economic predictions: rate cuts, easing inflation and falling home prices

News Snapshot:

Open this photo in gallery: A person walks past a TD Bank sign in the financial district in Toronto on Sept. 20, 2022.Alex Lupul/The Canadian Press We’re experiencing a macro-driven market, with the timing and magnitude of future rate cuts the main focus for investors. In the final two months of 2023, expectations of rate cuts by central banks in 2024 sent equity markets surging. At the start of the new year, the market was pricing in five cuts this year by the Bank of Canada, totalling roughly 1.25 percentage points. To gain a sense of where economic conditions and...