
Rate markets ended last week with just enough hope to annoy the pessimists.
The optimism came from Chair Powell, who hinted that America's wobbling job market and "restrictive" rates "may warrant" Fed easing. That's despite "upside" inflation risk.
His remarks sent U.S. rates skidding downhill, dragging Canadian yields down a few notches in the process.
The question is whether any of this actually shifts the math for Canadian mortgage shoppers. Let's unpack it.