TSX:AX.PR.E - Post by User
Post by
Torontojayon Dec 11, 2024 9:23am
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Post# 36356293
50 bps cut
50 bps cut The right move by the BOC should be a 50 bps cut but it doesn't matter much what they do. Canada's economy is in free fall and will likely get much worse over the next 6-12 months before it begins to rebound. Monetary policy can easily take 12-18 months before it begins to change the direction of the economy.