March 12, 2025 – Written by David Woodsmith
STORY LINK Canadian Dollar Resilient on Trade War Inflation Fears, BoC Cuts Rates to 2.75%
The Bank of Canada (BoC) warning over inflation was slightly more hawkish than expected and provided some Canadian dollar support after the latest interest rate cut, although trading conditions remained volatile given the on-going trade war with the US.
According to Governor Tiff Macklem “We ended 2024 on a solid economic footing. But we’re now facing a new crisis.”…
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