Sunday, 8 December 2024

Bank of Canada to Cut Interest Rates Again by 50 Basis Points

by BD Banks

We expect the Bank of Canada’s final policy decision of 2024 on Wednesday to be another 50 basis point interest rate cut—adding to a 50 bps cut in October and 125 bps in total cuts since June. Canada’s economic backdrop has yet to crumble in a way that would cause the BoC to panic, but […]

The post Bank of Canada to Cut Interest Rates Again by 50 Basis Points appeared first on Action Forex.

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