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Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path /
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2024-06-05 06:01:02

Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path on Nostr: Bank of Canada Signals the End of Sky-High Interest Rates =============== #1b1d36c9 ...

Bank of Canada Signals the End of Sky-High Interest Rates
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#1b1d36c9 ver:0.51

Bank of Canada Governor Tiff Macklem warns of higher interest rates in the near future, signaling the end of sky-high rates. The central bank is expected to announce a 25 basis point cut in rates, but the divergence in monetary policy with the US creates challenges. Macklem cautions that rates may not come down as expected and emphasizes the limit to how much Canadian policy can diverge from the US. The trajectory of interest rates is crucial for Canadian mortgage holders, and the Bank of Canada believes rates will be higher due to structural changes in the global economy. #BankofCanada #interestrates #monetarypolicy...

#newstr #BankOfCanada #InterestRates #BorrowingCosts #MonetaryPolicy #GdpGrowth #Inflation #UsFederalReserve #CanadianDollar #ExchangeRate #MarketSentiment

https://here.news/story/1b1d36c9?ver=0.51
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