Interest Rate Cuts 2024 Canada Time. Expectations for how quickly the bank of canada could cut interest rates have been accelerating in recent months. For the many people outside of the us invested in the us stock market, a cut is also likely good news.
If the interest rate falls, it would lower the cost of running and funding business operations which would “stimulate further investment and business growth,”. 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.
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