Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path on Nostr: Bank of Canada Expected to Cut Interest Rates by 25 Basis Points =============== ...
Bank of Canada Expected to Cut Interest Rates by 25 Basis Points
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#1b1d36c9 ver:0.5
Bank of Canada expected to cut rates by 25 basis points to 4.75% due to softening labor market and below-potential growth. However, divergence in monetary policy with the US poses challenges and may result in smaller rate cuts. Governor Macklem warns of potential inflation and limits to divergence. Rate cuts could weaken Canadian dollar and increase inflation. Decision to be followed by press conference. #BankofCanada #interestrates #inflation...
#newstr #BankOfCanada #InterestRates #RateCut #Inflation #Unemployment #TiffMacklem
https://here.news/story/1b1d36c9?ver=0.5
===============
#1b1d36c9 ver:0.5
Bank of Canada expected to cut rates by 25 basis points to 4.75% due to softening labor market and below-potential growth. However, divergence in monetary policy with the US poses challenges and may result in smaller rate cuts. Governor Macklem warns of potential inflation and limits to divergence. Rate cuts could weaken Canadian dollar and increase inflation. Decision to be followed by press conference. #BankofCanada #interestrates #inflation...
#newstr #BankOfCanada #InterestRates #RateCut #Inflation #Unemployment #TiffMacklem
https://here.news/story/1b1d36c9?ver=0.5