April 24, 2024

BoC Governing Council divided over timing of rate cuts, but agree they will be gradual

The Bank of Canada’s Governing Council remains split over when they think conditions will be right to begin lowering the country’s key interest rates.  The Bank of Canada’s Governing Council remains split over when they think conditions will be right to begin lowering the country’s key interest rates.  Mortgage Rates & Mortgage Broker News in Canada 

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Latest in Mortgage News: Financial experts see less risk of an imminent recession

A recent survey of financial experts reveals a shift in recession expectations, showing a decrease in the likelihood of an imminent economic downturn. However, there is growing uncertainty regarding the timing and degree of anticipated Bank of Canada interest rate cuts.  A recent survey of financial experts reveals a shift in recession expectations, showing a

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