The Bank of Canada delivered a second consecutive interest rate cut of half a percentage point on Wednesday. The central bank’s policy rate now stands at 3.25 per cent after the fifth rate cut in a row.
01:48 | December 11, 202402:14 | December 11, 202401:53 | December 10, 202401:33 | December 10, 202401:48 | December 11, 202402:14 | December 11, 202401:53 | December 10, 202401:33 | December 10, 2024 Bank of Canada Governor Tiff Macklem noted "when you look at all the data, it does tilt towards a softer
economic outlook, a softer outlook for GDP growth than we published in October." Bank of Canada Governor Tiff Macklem noted "when you look at all the data, it does tilt towards a softer economic outlook, a softer outlook for GDP growth than we published in October."24 hours ago1 day ago20 hours ago28 months ago
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