Forex
globalreutersJune 5, 20241 Mins read
Bank of Canada policy decision due Wednesday, 5 June 2024, 25bp rate cut expected
globalreutersJune 5, 20241 Mins read Market pricing is around 80% for a 0.25% rate cut from the Bank of Canada today, due at 0945 Eastern time:
Bank of Canada Governor Macklem’s press conference will follow 45 minutes later.
Earlier previews are here:
- Bank of Canada rate decision: A cut of 25 basis points is expected
- The risk is the Bank of Canada do not cut rates this week, but wait until July – preview
This article was written by Eamonn Sheridan at www.forexlive.com.
Related Articles
More from Musalem: Expects inflation to wane but there are upside risks
Modestly restrictive policy is key to getting inflation back to targetIt will...
White House nat sec advisory Waltz: Zelensky needs to return to table on critical minerals
Europe needs to step up for their own defense as a NATO...
MUFG: JPY now the best-performing G10 currency in 2025, staying short EUR/JPY
MUFG highlights the JPY as the best-performing G10 currency in 2025, driven...
Morgan Stanley G10 FX outlook: AUD, JPY, GBP, NZD, CAD, CHF
Morgan Stanley maintains its broader G10 FX outlook, favoring AUD and JPY...
Leave a comment