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INTEREST RATES NOSEDIVE AS BANK OF CANADA CUTS RATES 50 BPS

Latest News Steve Marshall 4 Mar

The Bank of Canada Brings Out The Big Guns Following yesterday’s surprise emergency 50 basis point (bp) rate cut by the Fed, the Bank of Canada followed suit today and signalled it is poised to do more if necessary. The BoC lowered its target for the overnight rate by 50 bps to 1.25%, suggesting that Read More