Bank of Canada officials discussed whether to wait until July to cut interest rates, in order to confirm inflation is still on track to reach the central bank’s 2 per cent target.
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Bank of Canada considered waiting until July to cut interest ratesThe Bank of Canada's governing council thought about waiting until July to lower interest rates but ultimately decided to cut earlier, the central bank's summary of deliberations reveals.
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Bank of Canada Considered Waiting Until July to Cut Rates(Bloomberg) -- Bank of Canada officials discussed whether to wait until July to cut interest rates, in order to confirm inflation is still on track to reach ...
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Bank of Canada first to cut rates in G7, economist bets are on another in JulyMany economists have forecast an additional cut in July, while markets priced in a 35 per cent chance that rates drop to 4.5 per cent next month.
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Inflation picks up, casting doubt over Bank of Canada’s July decisionThe unexpected CPI climb had traders reconsidering their July rate-cut bets, but economists cautioned that the central bank will have a slew of economic data to consider over the next month
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European Central Bank lowers rates after Bank of Canada cutInflation in the 20 countries that share the euro has fallen from more than 10 per cent in late 2022 to just above the ECB's two per cent target in recent months.
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National Bank of Canada agrees to buy Canadian Western BankShares of Canadian Western Bank (CWB.TO) are soaring after the National Bank of Canada agreed to buy it for about $5 billion CAD. Yahoo Finance's Julie Hyman...
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