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Bank of Canada Cuts to 4.25%, Eyes More Easing Ahead

The Bank of Canada cut interest rates by a quarter percentage point for a third consecutive meeting, and reiterated that it’s “reasonable” to expect more easing to come if inflation keeps decelerating.


  • Sep 04 2024
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Bank of Canada Cuts to 4.25%, Eyes More Easing Ahead
Bank of Canada Cuts to 4.25%, Eyes More Easing Ahead
(Bloomberg) — The Bank of Canada cut interest rates by a quarter percentage point for a third consecutive meeting, and reiterated that it’s “reasonable” to expect more easing to come if inflation keeps decelerating. Read More

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