Will The Fed Cut Interest Rates In 2024 Canada. — the bank of canada (boc) is likely to move ahead of the u.s. The fed is widely expected to cut interest rates at its september meeting, and that would be its first.
Prime rate charged by banks, federal funds rate, commercial paper. — canada’s annual inflation rate cooled to 2.8 per cent in february, beating many economists’ expectations and raising hopes the bank of canada will soon start.