Bank of Canada seen cutting rates deeper, faster over next year

Economists are predicting that the Bank of Canada will continue its trend of cutting interest rates, with a third consecutive reduction expected at the upcoming September 4th meeting. The central bank, led by Governor Tiff Macklem, is anticipated to lower the benchmark overnight rate to 4.25%, marking the beginning of what could be a steady … Continue reading Bank of Canada seen cutting rates deeper, faster over next year