Wu Blockchain (@WuBlockchain): The Bank of Canada announced a 50bps rate cut, lowering the benchmark interest rate from 4.25% to 3.75%, in line with market expectations and the four…
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The Bank of Canada announced a 50bps rate cut, lowering the benchmark interest rate from 4.25% to 3.75%, in line with market expectations and the fourth consecutive rate cut. Capital Economics expects the Bank of Canada to continue to cut interest rates by 50 bps in December.…