RSS BoC eases 50bps but signals end to continuous rate reductions

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 RSS BoC eases 50bps but signals end to continuous rate reductions

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BoC cut its overnight rate by 50 basis points to 3.25% as anticipated, but a notable shift in tone suggests a loosening of its easing bias. The central bank stated that interest rates have been reduced “substantially” since June, signaling that future cuts would be evaluated “one decision at a time.” This marks a clear […]

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