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Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path /
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2024-04-24 22:55:22

Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path on Nostr: Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path =============== ...

Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path
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#1b1d36c9 ver:0.38

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 is crucial for the Canadian dollar. Bank Governor Tiff Macklem stated that central banks will make decisions tailored to their own economies. Economists expect Canada to begin cutting rates before the US. The Bank of Canada's approach should be driven by domestic conditions, not the Fed or the Canadian dollar's value. RBC economists expect the Bank of Canada to cut rates in June and drop rates by 100 basis points this year. #BankofCanada #interestrates #FederalReserve #Canadianeconomy...

#newstr #BankOfCanada #InterestRates #FederalReserve #TiffMacklem #CanadianDollar #MonetaryPolicy #Inflation #FederalBudget #Rbc

https://here.news/story/1b1d36c9?ver=0.38
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