Bank of Canada follows up with a second rate cut

Source & Credit: RBC Economic Claire Fan July 24, 2024 After a first interest rate cut in June, the Bank of Canada again lowered its key overnight rate by 25 basis points to 4.5%. The move was in line with market and our own expectations ahead of the announcement. Governor Macklem’s opening statement for the […]

by Persa Real
July 31, 2024
blog, Business, Mortgage, Real Estate

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Bank of Canada follows up with a second rate cut