Tag: loonie weakening

• Don’t Rule Out a 75-Point Rate Cut: Bank of Canada Set for Big Decision

  

  The Bank of Canada is set to make a major announcement on its overnight interest rate tomorrow, and most economists are predicting a significant cut. While a 50-basis-point reduction is the most likely outcome, some experts suggest that an even bigger cut—75 basis points—could be on the table. Could We See a 75-Basis-Point Cut? Avery…

  Kaleylangille

  October 22, 2024

  Uncategorized

  75 basis point cut, Avery Shenfeld CIBC, Bank of Canada decision, Bank of Canada rate cut, Beata Caranci TD Bank, Canadian economy, Canadian interest rates, economic growth Canada, economics, economy, finance, foreign exchange market, GDP Canada, inflation, inflation Canada September 2024, interest-rates, loonie weakening, mortgage rates Canada