The Financial institution of Canada issued its greatest fee lower since 2020, reducing the coverage fee by a unanimous 50 basis-points. It was the Financial institution’s fourth consecutive lower this yr, following three 25 basis-points reductions, because it scaled again its anti-inflation tightening cycle. What’s the outlook for an extra lower on the Financial institution’s remaining fee determination for 2024 on Dec. 11? Offered by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
