RSS Bank of Canada Delivers Another Supersized Cut

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 RSS Bank of Canada Delivers Another Supersized Cut

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The Bank of Canada (BoC) cut its overnight rate by 50 basis points, to 3.25%, while stating that it will continue with Quantitative Tightening (QT). The bank highlighted that economic growth has been weaker than they expected, stating that “the economy grew by 1% in the third quarter, somewhat below the Bank’s October projection, and […]

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