Bank of Canada expects to cut rates this year, governing council split on timing: deliberations
- The Bank of Canada is considering cutting interest rates this year if the economy and inflation meet projections.
- Governing Council members have different opinions on when the conditions for lowering the policy rate will be met.
- Council members debated the timing and risk factors involved in deciding when to start lowering interest rates.
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Leaning Left6Leaning Right1Center3Last Updated2 months agoBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
L 60%
C 30%
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