The Bank of Canada is set to cut its overnight interest rate by 25 basis points to 4.50% today. This decision is part of a broader strategy to manage inflation expectations, with more cuts anticipated later this year (Nation).
The Bank of Canada is set to cut its overnight interest rate by 25 basis points to 4.50% today. This decision is part of a broader strategy to manage inflation expectations, with more cuts anticipated later this year (Nation).