Forex
globalreutersDecember 12, 20241 Mins read
Bank of Canada Cut Rates by 50bps as Expected, Signaled Slower Easing Ahead
globalreutersDecember 12, 20241 Mins read The Bank of Canada (BOC) reduced its target for the overnight rate by 50 basis points to 3.25% in their December statement, marking its fifth consecutive rate cut since June.
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