Will Interest Rates Go Down In 2024 Canada

Will Interest Rates Go Down In 2024 Canada. The bank of canada delivered good news to canadian borrowers for the third straight time, trimming interest rates again by 25 bps. The bank of canada appears set to add to the pair of interest rate cuts it’s made so far in 2024.


Will Interest Rates Go Down In 2024 Canada

Based on current projections, it is highly unlikely that interest rates will go down anytime soon. With lower spending comes a slowing economy, lower inflation, and lower mortgage interest rates.

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