• BoC cuts rates to 3.00%, flags trade risks and ends QT

    Source: Buzz FX / 29 Jan 2025 10:59:19   America/New_York


    BoC lowered its overnight rate target by 25bps to 3.00% as widely expected. In accompanying statement, the central bank warned that a prolonged trade conflict with the US could strain economic growth and drive inflation higher.
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