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Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path /
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2024-05-02 01:58:27

Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path on Nostr: Bank of Canada Governor Tiff Macklem Highlights Impact of Higher Interest Rates on ...

Bank of Canada Governor Tiff Macklem Highlights Impact of Higher Interest Rates on Canadian Economy
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#1b1d36c9 ver:0.41

Bank of Canada Governor Tiff Macklem highlights impact of higher interest rates on Canadian economy, with divergence from the US and potential downward pressure on the Canadian dollar. TD's chief economist predicts rate cuts in June or July, warns of inflation reigniting, and expects slower growth. Economists debate the maximum spread between policy rates, while Macklem emphasizes central banks' tailored monetary policy decisions. RBC economists urge urgency in rate cuts due to weaker Canadian economy. Canadian investors and borrowers await rate cuts, as the domestic case is strong and the US case is crumbling. #BankofCanada #interestrates #Canadianeconomy #inflation #monetarypolicy #CanadianDollar...

#newstr #BankOfCanada #TiffMacklem #InterestRates #Inflation #MonetaryPolicy #CanadianDollar #MortgageRenewals

https://here.news/story/1b1d36c9?ver=0.41
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