Bank Of Canada Interest Rate Cuts 2024 Today

Bank Of Canada Interest Rate Cuts 2024 Today. The bank of canada started reducing the benchmark overnight rate in june, and has since lowered it by 25 basis points at its july and september meetings, bringing. The us central bank has lowered interest rates for the first time in more than four years with a bigger than usual cut.

Economists see the bank of canada cutting interest rates for a third consecutive meeting next week, continuing what’s anticipated to be a steady downward. Trims 2024 gdp forecast to 1.2% from 1.5%;