Saturday, 20 July 2024

Another Cut from BoC Will Bring Benchmark Interest Rate to 4.5%

by BD Banks

Softer inflation in Canada in June provided a small relief after an upside surprise in May, and set the Bank of Canada up for another 25-basis point interest rate cut on Wednesday to build on its first cut in June. Similar to the June meeting, we think the central bank will highlight a weakening economic […]

The post Another Cut from BoC Will Bring Benchmark Interest Rate to 4.5% appeared first on Action Forex.

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