European and Canadian central banks expected to cut interest rates this week
Briefly

from www.theguardian.com9 months ago
The Eurozone and Canada are expected to see rate cuts by the European Central Bank (ECB) and the Bank of Canada (BoC) respectively in response to recent drops in inflation and slowing economic growth.
www.theguardian.comhttps://www.theguardian.com/business/article/2024/jun/03/european-and-canadian-central-banks-expected-to-cut-interest-rates-this-week
There's an 82% chance that the Bank of Canada will lower borrowing costs, following slow GDP growth. The ECB is forecast to cut rates by 25 basis points, hinting at a stance based on future data flow.
www.theguardian.comhttps://www.theguardian.com/business/article/2024/jun/03/european-and-canadian-central-banks-expected-to-cut-interest-rates-this-week
Read at www.theguardian.com
#eurozone #canada #interest-rates #monetary-policy #inflation
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