Interest Rate Cuts 2024 Canada Time. The honourable chrystia freeland, deputy prime minister and minister of finance, today announced a. The bank of canada's key interest rate fell by 25 basis points on wednesday, a move that will immediately be felt by canadians with variable rates of debt.
Dawn desjardins, senior economist at deloitte canada, talks with financial post’s larysa harapyn about what the latest inflation data means to the bank of canada and interest rates. The bank of canada appears set to add to the pair of interest rate cuts it’s made so far in 2024.
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