Interest Rate Cuts 2024 Canada. The bank of canada is widely expected to deliver a third consecutive interest rate cut on wednesday as inflationary forces continue to cool on both sides of. Boc cuts key interest rate by 25 basis points to 4.5%;


Interest Rate Cuts 2024 Canada

Bank of canada could cut interest rate to 3% in less than five months: The bank of canada today reduced its target for the overnight rate to 4½%, with the bank rate at 4¾% and the deposit rate at 4½%.

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