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Amid inflation below the central bank's 2% target and disappointing economic growth, the Bank of Canada cut its key interest rate by 50 basis points to 3.75% on Wednesday, marking the largest reduction since the pandemic and indicating a shift towards more aggressive monetary policy.
At the news conference following the decision, Governor Tiff Macklem indicated the possibility of further easing if inflation and growth continue to underpe...

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September inflation brings 3Q Average To 2.0%, below BOC's 2.3% projection
Lower gasoline prices brought down Canada's 12-month inflation rate to 1.6% in September from 2.0% in August. The average for the third quarter is 2.0%, down from 2.8% in the second quarter, and below the Bank of Canada's July projection of 2.3%.
Should the Bank of Canada be more aggressive?
The answer requires to look at the bigger picture.
Source: Statistics ...

All predictions, if accurate, definitely would not be publicly disclosed.

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In the investment world, Federal Reserve decisions guide capital flow like a lighthouse. At the September FOMC meeting, the Fed announced a notable 50 basis point rate cut, concluding the rate-hiking cycle that started in March 2022.
This decision met the expectations set by CME interest rate futures. Despite the cut, Chair Powell adopted a cautious tone about future reductions, clarifying that this adjustment was ...