January 30, 2025 – Written by Ben Hughes
STORY LINK Canadian Dollar Weak as Bank of Canada Cuts Rates and Warns of Impact of US Tariffs
The BoC cut rates for a sixth time in a row. More cuts look likely and the Canadian Dollar exchange rate complex is weak. The central bank warned about the potential impact of US tariffs on economic growth and inflation.
Wednesday’s Bank of Canada meeting delivered yet another rate cut, its sixth in a row. Rates are now 3%, much lower than…
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