The Bank of Canada meeting notes that the decision to cut interest rates by 50 basis points was a difficult choice to make.
1. Deutsche Bank: The Bank of Canada is expected to cut interest rates by 25 basis points tonight, and the recent weakness in the labor market provides a good reason. 2. DBS Bank: The Bank of Canada is expected to cut interest rates by 25 basis points tonight, but GDP has accelerated unexpectedly, so we need to be vigilant for the risk of subsequent suspension. 3. Scotiabank: The Bank of Canada is expected to cut interest rates by 25 basis points tonight, and the Bank of Canada is expected to fu...
The Bank of Canada meeting notes: Members of the Bank of Canada agreed that the likelihood of a rate cut would increase if inflation eased further.