The probability of the Bank of Canada cutting interest rates in July rose to 90 per cent from 82 per cent before the inflation data, after Canada's monthly CPI rate fell to -0.1 per cent in June, the first negative reading since December 2023.
2024-07-16 12:37:26
Bank of Canada rate cut probability inflation data pre-release 82 risedesk3cryptocurrencydesktopCrypto News
The probability of the Bank of Canada cutting interest rates in July rose to 90 per cent from 82 per cent before the inflation data, after Canada's monthly CPI rate fell to -0.1 per cent in June, the first negative reading since December 2023.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
