Bank Of Canada Rate Cuts 2024

Bank Of Canada Rate Cuts 2024. The bank of canada has trimmed its key policy rate by 25 basis points for the second month in a row, bringing it down to 4.5 percent, and said more cuts were. By the end of next year, it predicts interest rates will be roughly half of what they are now.


Bank Of Canada Rate Cuts 2024

The bank of canada today reduced its target for the overnight rate to 4¾%, with the bank rate at 5% and the deposit rate at 4¾%. The bank is continuing its policy.

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