Market expects Bank of Canada to cut interest rates by 36 basis points in September

From Google: 2024-09-04 07:00:00

The swaps market is indicating 36 basis points of Bank of Canada easing in September. This suggests expectations for the central bank to cut interest rates next month to support the economy amid the ongoing COVID-19 pandemic. Traders are pricing in potential policy action to boost recovery efforts and stimulate growth.



Read more at Google: Swaps market sees 36 bps of BoC easing in September – FXStreet