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Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path /
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2024-04-29 10:58:32

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:0.39

The Bank of Canada faces uncertainty in its rate cut decision as it considers 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 monetary policy decisions will be tailored to each country's economy. Economists expect Canada to begin cutting rates before the US due to the strong US economy. The Bank of Canada is expected to start lowering rates in June or July. Royal Bank of Canada economists argue for more urgency in rate cuts due to the weaker Canadian economy. Canadian investors and borrowers are waiting for rate cuts, with market sentiment suggesting a slow decline in Canadian interest rates. #BankofCanada #interestrates #FederalReserve #Canadianeconomy...

#newstr #BankOfCanada #InterestRates #FederalReserve #TiffMacklem #CanadianDollar #MonetaryPolicy #Inflation #FederalBudget #FiscalTrack #MacroeconomicTrajectory

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