Interest Rates Cut 2024 Canada

Interest Rates Cut 2024 Canada. The bank of canada cut interest rates as it sees a soft landing on the horizon, making it the first group of seven central bank to kick off an easing cycle. Governor tiff macklem says if the economy continues to improve, canadians can.


Interest Rates Cut 2024 Canada

It does this by adjusting the target for the overnight rate on eight fixed dates each. The bank of canada lowered its key interest rate by 25 basis points on wednesday, simultaneously opening the door to bigger cuts if the economy slows more.

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