Canada Mortgage Rates & Trump’s Fed Fight: Printer Back On?

Canada’s mortgage rates could see a major shift — under downward pressure from Trump and the Federal Reserve. Bloomberg is now openly discussing yield curve control, a policy that could force the Fed to start printing money again. If that happens, the impact won’t just be felt in the U.S. — it could drive Canadian fixed mortgage rates sharply lower (for now). #canadianmortgagerates #bankofcanada #canadianeconomy Links: Bloomberg Surveillance 8/22/2025: https://www.youtube.com/watch?v=gwX5xJiSgg8 Trump again attacks Fed chair, says Powell 'hurting' the housing industry: https://www.reuters.com/world/us/trump-again-attacks-fed-chair-says-powell-hurting-housing-industry-2025-08-19/ The bond market is flashing a potentially worrisome sign about Fed rate cuts: https://www.marketwatch.com/story/the-bond-market-is-flashing-a-potentially-worrisome-sign-about-fed-rate-cuts-35d170c2 Trump calls Fed's Powell a 'knucklehead': https://www.foxbusiness.com/video/6375649869112 Policy interest rate: https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/ White House aims to fast-track key Federal Reserve pick: https://www.politico.com/news/2025/08/19/white-house-aims-to-fast-track-key-federal-reserve-pick-00515098 Who Is Stephen Miran, Donald Trump’s Fed Nominee?: https://www.wsj.com/opinion/who-is-stephen-miran-federal-reserve-economy-trade-dollar-tariffs-08b77cf4 Federal Reserve set to cut interest rates – but still Trump won’t be happy: https://www.theguardian.com/business/2025/aug/22/federal-reserve-trump-rate-cuts Investors punishing fiscal excess: https://www.theglobeandmail.com/investing/markets/funds/CAN409.CF/pressreleases/33012530/investors-punishing-fiscal-excess/ Policy Tools: https://www.federalreserve.gov/monetarypolicy/openmarket.htm U.S. 10 Year Treasury Note: https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx Balance Sheet: Total Assets: https://fred.stlouisfed.org/series/QBPBSTAS' Bank of Canada assets and liabilities: Weekly (formerly B2): https://www.bankofcanada.ca/rates/banking-and-financial-statistics/bank-of-canada-assets-and-liabilities-weekly-formerly-b2/ The Federal Reserve’s responses to the post-Covid period of high inflation: https://www.federalreserve.gov/econres/notes/feds-notes/the-federal-reserves-responses-to-the-post-covid-period-of-high-inflation-20240214.html What is yield curve control?: https://www.brookings.edu/articles/what-is-yield-curve-control/ Canada 5 Year Government Bond: https://www.marketwatch.com/investing/bond/tmbmkca-05y?countrycode=bx Trump's Fed pick wanted to upend its protection from politics: https://www.reuters.com/business/trumps-fed-pick-wanted-upend-its-protection-politics-2025-08-08/ The bond vigilantes are on the prowl: https://www.ft.com/content/8ea2e8b5-7ba0-46bd-bbbb-3895da1399c6 Trump says he will fire Fed governor Lisa Cook if she doesn't resign: https://www.nbcnews.com/business/economy/trump-says-will-fire-fed-governor-cook-doesnt-resign-rcna226554 Donald Trump says he will only pick Fed chair who cuts interest rates: https://www.ft.com/content/c6127c95-4b28-4777-aa6b-77bd28c9e5e9 Trump’s next Fed chair pick already comes with a credibility problem: https://www.cnbc.com/2025/07/09/trumps-next-fed-chair-pick-already-comes-with-a-credibility-problem.html Federal Surplus or Deficit [-] as Percent of Gross Domestic Product: https://fred.stlouisfed.org/series/FYFSGDA188S Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.