Rate Cuts 2024 Canada 2024. Economy on track to grow slower than bank of canada’s forecast; The bank of canada's key interest rate fell by 25 basis points on wednesday, a move that will immediately be felt by canadians with variable rates of debt.
On tuesday, boc governor tiff macklem said it was reasonable to expect more rate cuts given the progress made in cooling inflation and reiterated that the. Boc cuts key interest rate by 25 basis points to 4.5%;
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