Category: 2H24
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BoC rate cut likely to be followed by more in 2H24 By Investing.com
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Investing.com – The Bank of Canada (BoC) on Wednesday cut interest rates by 25 basis points. The impact on the Canadian dollar was minimal and brief, which ING analysts attribute to market expectations of a 20 basis point cut before the announcement. The Bank of Canada emphasized its data-driven approach…