Amidst speculation of potential interest rate cuts by the Bank of Canada (BoC), economists caution that the Canadian dollar (CAD) could face significant downward pressure compared to the U.S. dollar (USD), especially if the Federal Reserve maintains a different trajectory. Following remarks by BoC Governor Tiff Macklem indicating the possibility of a rate cut at … Continue reading Economists Warn of Potential Decline in Canadian Dollar Amidst Diverging Interest Rates