Tag: CAD-USD exchange rate

• Bank of Canada Expected to Cut Interest Rate Wednesday September 4, With More Reductions Likely to Follow

  

  On September 4, the Bank of Canada is widely expected to deliver its third consecutive interest rate cut as inflation continues to cool on both sides of the Canada-United States border. This move aligns with market expectations, which also anticipate the U.S. Federal Reserve to begin its own rate-cutting cycle later this month. Derek Holt,…

  Kaleylangille

  September 3, 2024

  Uncategorized

  bank of canada, CAD-USD exchange rate, Canada interest rate decision, Canadian dollar, Canadian economy, central bank, economic forecast, economic update, financial markets, financial news, housing market, inflation, inflation control, interest rate cut, interest rates, monetary policy, RBC, Scotiabank, Tiff Macklem, U.S. Federal Reserve