Governor of the Bank of Canada Tiff Macklem speaks during a news conference on the Bank of Canada's rate announcement in Ottawa on June 5, 2024. THE CANADIAN PRESS/Justin Tang

Markets bet on second Bank of Canada interest rate cut coming this week

by The Canadian Press July 22, 2024

written by The Canadian Press July 22, 2024

Economists and market watchers are betting the Bank of Canada will deliver another interest rate cut this week amid mounting evidence that inflation issustainably easing. Expectations that the bank will lower its overnight lending rate when it makes its scheduled announcement Wednesday have be...

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Bank of Canada Economy

The Canadian Press

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Markets bet on second Bank of Canada interest rate cut coming this week

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