US EditionPublished • loading... • Updated
Bank of Canada and U.S. Fed expected to resume rate cuts this week
Summary by The Globe & Mail
3 Articles
3 Articles
The Bank of Canada is on the verge of reducing its policy rate for the first time since April.
·Quebec City, Canada
Read Full Article
Central banks in focus with a busy week coming up - Monex Canada
CAD After briefly threatening 1.39 last week, USDCAD now finds itself trading much closer to 1.38. We see risks skewed toward a continued grind lower too, despite our expectation for the BoC to cut rates on Wednesday. Ahead of that decision, Tuesday’s CPI provides a short-term obstacle, though we do not expect it to ultimately derail a cut. This outcome is fully priced as of writing, while traders are looking for underlying inflation to remain s…
Coverage Details
Total News Sources3
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
