Remy Investment Group
BoC concerned about Canada’s economic growth
Canada’s economy expanded in October
Today the US Federal Reserve (Fed) lowered the target range for the federal funds rate by 25 basis points (bps) bringing the new target range to 4.25% to 4.5%.
For the second time this year, the US Federal Reserve (the Fed) lowered the target range for the federal funds rate.
The 2024 US presidential election has concluded with Donald Trump securing another term in office.
The Bank of Canada (BoC) announced a 50 basis points (bps) rate cut today.