• 11/29/2024

Bank of Canada Cuts Policy Rate to 4.5%, Frets Over Downside Risks

Wall Street Journal

The Bank of Canada delivered a second straight cut to its main interest rate after a quarter-point reduction in June, and signaled there is likely more to come as officials grow increasingly worried about downside economic risks.

https://www.wsj.com/articles/bank-of-canada-cuts-policy-rate-to-4-5-frets-over-downside-risks-78a7a81b