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SAM

TABRIZI

Bank of Canada Drops Over Night Rate by 50 basis points.

  • Writer: Sam Tabrizi
    Sam Tabrizi
  • Oct 23, 2024
  • 1 min read

The bank of Canada makes the largest cut yet in their overnight rate from 4.25% to 3.75%


This cut is the 4th rate cut in a row by the central bank as inflation dropped from 2.7% in June to 1.6% in September.

 
 
 

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