2024 Interest Rates Canada News

2024 Interest Rates Canada News. The bank of canada’s policy rate now stands at 4.75 per cent following six consecutive holds in previous meetings. After a year of surprising resilience in the face of high interest rates, canada’s economy enters 2024 in an uneasy state.


2024 Interest Rates Canada News

In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate. The bank of canada is probably done raising interest rates and will hold them at 5.00% for at least six months, according to a reuters poll of economists that.

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