On the heels of encouraging data releases on the inflation and employment fronts, the Bank of Canada (BoC) has announced a quarter-point cut to its policy interest rate, bringing it down to 4.5% and cementing the fact that we’re firmly in an easing cycle. “With broad price pressures continuing ...| STOREYS
Governing Council was out for August, but tomorrow — on Wednesday, September 4 — they’ll be back for the third-last interest rate announcement of the year. And for once, economists with the country’s ‘Big Five’ banks seem to be on the same page, agreeing not only that the Bank of Canada will opt f...| STOREYS