Rate Cuts 2024 Canada Rate Cuts

Rate Cuts 2024 Canada Rate Cuts. Trims 2024 gdp forecast to 1.2% from 1.5%; 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%.


Rate Cuts 2024 Canada Rate Cuts

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 sharply in the. 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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