• 11/26/2024

Bank of Canada Cuts Rates to Become First G-7 Central Bank to Ease Policy

Wall Street Journal

The Bank of Canada cut its main interest rate by a quarter percentage point, becoming the first Group of Seven central bank to provide rate relief after global policymakers aggressively increased borrowing costs to tame inflation.

https://www.wsj.com/articles/bank-of-canada-cuts-rates-to-become-first-g-7-central-bank-to-ease-policy-317f6445