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Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path /
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2024-06-04 08:00:12

Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path on Nostr: Bank of Canada Faces Decision on Interest Rate Cut Amidst Economic Factors ...

Bank of Canada Faces Decision on Interest Rate Cut Amidst Economic Factors
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#1b1d36c9 ver:0.49

Bank of Canada faces decision on interest rate cut amidst economic factors. Governor Tiff Macklem warns of low productivity and rising costs, but market sentiment suggests declining rates in Canada. However, divergence in monetary policy with the US poses challenges. Macklem cautions that rates may not come down as expected, and there is a limit to how much Canadian policy can diverge from the US. The Bank of Canada may cut rates in June or July, but cautious about potential economic resurgence. Interest rates unlikely to return to pre-pandemic levels and will fall gradually. #BankOfCanada #InterestRates #MonetaryPolicy...

#newstr #BankOfCanada #InterestRates #MonetaryPolicy #Inflation #Gdp #Economy

https://here.news/story/1b1d36c9?ver=0.49
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