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Anka1625
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The Bank of Canada lowered its key interest rate from 5% to 4.75%, which is the first rate cut since March 2020. Governor Macklem said that as inflation gets closer to the 2% target, the bank's monetary policy can now be less stringent. The Bank of Canada will decide on interest rates again on July 24, 2024. Since the announcement, Canada's S&P/TSX Composite has risen by 0.76%.
For mooers, sectors and products worth pay...
For mooers, sectors and products worth pay...
![[Moo Brief] Canada's first rate cut since 2020: Which sectors to invest in？](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240606/1717643024153-c5f8fdde11.jpeg/thumb?area=103&is_public=true)
![[Moo Brief] Canada's first rate cut since 2020: Which sectors to invest in？](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240606/1717643467743-af5c7fc7f3.webp/thumb?area=103&is_public=true)
![[Moo Brief] Canada's first rate cut since 2020: Which sectors to invest in？](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240606/1717643479536-5922067cc3.webp/thumb?area=103&is_public=true)
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