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TD Securities expects Bank of Canada to cut rates another 50 basis points this year
Bitget2024/07/24 15:12
ANDREW KELVIN, head of Canadian and global rates strategy at TD Securities, says the Bank of Canada's rate cut was widely expected. Initial impressions are more dovish than expected. The Bank of Canada linked further monetary easing to the inflation outlook. It is expected to cut rates by another 50 basis points this year.
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