Bank Of Canada Rate Cut July 24 2024

Bank Of Canada Rate Cut July 24 2024. The bank of canada will cut its overnight interest rate on wednesday by 25 basis points to 4.50% amid expectations that inflation will continue to fall, according to a large. Bank of canada cuts target interest rate by 0.25% in july 2024 announcement.


Bank Of Canada Rate Cut July 24 2024

The bank of canada (boc) announced on july 24, 2024 that it would be cutting its overnight lending rate to 4.5%, following a similar.25% cut in june. The bank is continuing its policy of balance sheet normalization.

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