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Sunday, June 9, 2024

Bank of Canada Rate Cut

The Bank of Canada’s policy interest rate of 5.0% since July 2023 has been cut to 4.75% in a move to lessen the degree of policy restraint. However, balance sheet normalization is to continue, and the released statement notably does not commit to any particular timetable of ensuing changes. Recent data has increased our confidence […]

* This article was originally published here

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