Margo Sarette

Rate Cuts 2024 Canada Government. The bank of canada (boc) reduced its benchmark rate for the third time in. The bank of canada is widely expected to deliver a third consecutive interest rate cut on wednesday as inflationary forces continue to cool on both sides of the.

Boc cuts key interest rate by 25 basis points to 4.5%; Canadian imperial bank of commerce says policymakers led by governor tiff macklem will reduce the policy rate by 50 basis points at each meeting in december.