Will The Fed Cut Interest Rates In 2024 Canada

Will The Fed Cut Interest Rates In 2024 Canada. The federal reserve issued its first rate cut in four years just last month, but it might already be done for the rest of 2024, according to market veteran ed yardeni. Canada's annual inflation rate cooled to 2.8 per cent in february, beating many economists' expectations and raising hopes the bank of canada will soon start cutting its benchmark interest.

Economists add that in a break from the usual pattern, the bank of canada is ahead of the us federal reserve when it comes to interest rate cuts. The federal reserve cut interest rates on wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning their war against.