September 24, 2024

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Interest Rate Cut 2024 Canada

Interest Rate Cut 2024 Canada. Governor tiff macklem says if the economy continues to improve, canadians can. How the bank of canada’s june 5 rate cut will impact canadians, and what to know whether you’re a borrower, investor or saver.


Interest Rate Cut 2024 Canada

The bank of canada trimmed its key policy rate on wednesday, the first g7 country to do so, in a widely expected move that will ease pressure on highly indebted consumers, but indicated. The bank of canada today reduced its target for the overnight rate to 4¼%, with the bank rate at 4½% and the deposit rate at 4¼%.

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