Tag: Speculation

Resource: Dominion Lending Centres After three consecutive 25 bp rate cuts, the BoC slashed the overnight rate by 50 bps at Oct.23rd 2024, bringing the policy rate down to 3.75%. The market had priced in 90% odds of a 50 bp move, where consensus coalesced. The combined slower-than-expected GDP growth and back-to-back weak inflation reports solidified the calls… Read more