π¨π¦ Canada Interest Rate Decision: BoC Lowers Rates π
π’ Rate Cut: The Bank of Canada has reduced its policy interest rate by 50 basis points, lowering it from 4.25% to 3.75%.
π’ Market Outlook: Markets are pricing in a 25% chance of another 50 bps cut in December.
π’ Economic Forecasts: The BoC revises near-term GDP and inflation expectations, adjusting to the evolving economic landscape.
Stay informed on market shifts with KVB! π
#KVB# #PBOC# #canada# #InterestRate# #StockMarket# #GDP# #Inflation#
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