Daily Archives: March 13, 2025

Canada between rock and hard place

As expected, the Bank of Canada (BoC) cut overnight interest rates by 25 basis points yesterday, lowering the banking system’s base rate to 2.75%, the lowest since September 2022. In his prepared statement, BoC Governor Tiff Macklem struck a grave … Continue reading

Posted in Main Page | Comments Off on Canada between rock and hard place