‘Canadians can breathe a sigh of relief,’ Macklem says, as Bank of Canada cuts interest rate by 50 basis points

The Bank of Canada announced a 50bps rate cut, lowering the benchmark interest rate from 4.25% to 3.75%, in line with market expectations and the fourth consecutive rate cut. Capital Economics expects the Bank of Canada to continue to cut interest rates by 50 bps in December.

https://ca.finance.yahoo.com/news/live/bank-of-canada-delivers-jumbo-50-basis-point-interest-rate-cut-celebrating-inflation-now-back-to-target-150347403.html

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cryptoANDforex

cryptoANDforex

is a writer and content creator known for their expertise in the fields of cryptocurrency and forex trading. They produce informative articles, guides, and analysis that help both novice and experienced traders understand market trends, trading strategies, and investment opportunities.

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