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Canada

Bank of Canada cuts rates, economists predict another reduction next month

Economists immediately predicted the BoC would cut again in July.

By: CNBC
  • Jun 06 2024
  • 44
  • 5096 Views
Bank of Canada cuts rates, economists predict another reduction next month
Bank of Canada cuts rates, eco
The Bank of Canada in Ottawa, Ontario, Canada, on Thursday, May 18, 2023. The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 4.75%, in a widely expected move that marked its first cut in four years, and said more easing... [1781 chars]

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