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Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path /
npub1643…kwfz
2024-05-02 19:58:40

Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path on Nostr: Bank of Canada Governor Tiff Macklem Discusses Possibility of Gradual Rate Cuts ...

Bank of Canada Governor Tiff Macklem Discusses Possibility of Gradual Rate Cuts Before the U.S.
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#1b1d36c9 ver:0.44

Bank of Canada Governor Tiff Macklem warns of limited divergence from US monetary policy, as wider rate gaps could pressure the Canadian dollar and reignite inflation. Market expectations suggest rate cuts in June/July for Canada and Nov/Dec for the US. Macklem cautions that rates won't return to pre-pandemic levels and will fall gradually, with a 60% chance of easing in June. The trajectory of rates is crucial for Canadian mortgage holders. Structural changes in the global economy will lead to higher rates in the future. #BankofCanada #monetarypolicy #interestrates...

#newstr #BankOfCanada #InterestRates #MonetaryPolicy #ExchangeRate #Inflation #UsFederalReserve #CanadianDollar

https://here.news/story/1b1d36c9?ver=0.44
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