• 11/27/2024

First Bank of Canada Rate Cut Seen in April, Market-Participant Survey Suggests

Wall Street Journal

The median from 27 responses indicated the first cut of a quarter-point, to 4.75%, would come in April. By December, a median of 27 responses had the Bank of Canada’s policy rate sitting at 4%.

https://www.wsj.com/articles/first-bank-of-canada-rate-cut-seen-in-april-market-participant-survey-suggests-23d845f6