Post by
crypto65 on Oct 23, 2024 9:58am
Bank of Canada cuts interest rates
The Bank of Canada cuts interest rates by 50 basis points to 3.75%
Comment by
flamingogold on Oct 23, 2024 10:09am
Great for debt heavy corps and eases the worry of the mortgage renewal cliff in 2025-26. The soft landing remains intact. A Trump win though threatens future rate cuts as his protectionist policies will potentially drive prices / inflation back up.