Tag: Bank of Canada
Bank of Canada Reduces Policy Rate to 4.5%
The Bank of Canada recently made the decision to lower the overnight rate to 4.50% from 4.75%, while also confirming that Quantitative Tightening (QT) will continue. In the statement released by the Bank, a...
BoC Expected to Lower Benchmark Interest Rate to 4.5% – Expert Analysis
According to experts, the Bank of Canada is expected to lower the benchmark interest rate to 4.5% in response to softer inflation in Canada in June. This anticipated rate cut follows a similar 25-basis...
Analyzing BOC’s Macklem Q&A: Labor Force Weakening Revealed
Foreign exchange trading is a risky venture that may not be suitable for everyone. It is important to understand the risks involved, especially when using leverage. Before diving into forex trading, make sure to...