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Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path
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#1b1d36c9 ver:0.37

The Bank of Canada faces uncertainty in its rate cut decision due to the uncertain path of the US Federal Reserve. The gap between the policy rates of the two countries could impact the Canadian dollar. Bank Governor Tiff Macklem stated that monetary policy decisions will be tailored to each country's economy. Economists expect Canada to begin cutting rates before the US. The Bank of Canada's approach should be driven by domestic economic conditions, not the actions of the Fed or concerns about the Canadian dollar. #BankofCanada #interestrates #FederalReserve #Canadianeconomy...

#newstr #BankOfCanada #InterestRates #FederalReserve #TiffMacklem #CanadianDollar #MonetaryPolicy #Inflation #FederalBudget #Gdp #PercapitaBasis

https://here.news/story/1b1d36c9?ver=0.37