Rate Cuts 2024 Canada. The bank of canada today reduced its target for the overnight rate to 4½%, with the bank rate at 4¾% and the deposit rate at 4½%. Bank of canada cuts key rate to 4.5%,.
The move was widely expected, as after raising its trendsetting rate 10. We now expect the bank of canada to cut rates at each of its remaining decisions in 2024 before reaching our terminal rate forecast of 2.25 per cent at the end.
Rate Cuts 2024 Canada Images References :
