It is expected that the Fed and the Bank of Canada will both lower interest rates by 25 basis points this week.

According to Mars Finance news, Jin10 reports that S&P expects the Fed to cut interest rates by 25 basis points this week, bringing the rate down to 4% to 4.25%, amid cooling employment data and persistently high inflation. S&P also anticipates that the Bank of Canada will lower rates by 25 basis points to 2.5%, and may cut rates at least once more this year.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)