
50-bps rate cut


Bank of Canada cuts rates another 50 bps, bringing more relief to some borrowers
December 11, 2024
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The Bank of Canada has cut its policy rate by another 50 basis points today, bringing it down to 3.25%. This marks the fifth consecutive rate cut this year.

Odds of second 50-bps Bank of Canada rate cut drop after stronger inflation report
November 19, 2024
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Still, many economists still see a half-point cut as likely at the Bank’s December 11 meeting.
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