News Details

The BOC cut interest rates by 0.25% to 4.75% the 1st since 2020 to combat inflation after 6 holds. Canada is the first G7 to cut with possibly up to 8

(Jun 05, 2024)
The BOC cut interest rates by 0.25% to 4.75% the 1st since 2020 to combat inflation after 6 holds. Canada is the first G7 to cut with possibly up to 8 cuts by the end of 25. Bearish Short term the Loonie if U.S. continues to hit pause but bullish long term.
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.
facebook   twitter