TOPSHOT – US President Donald Trump attends UFC 327: Jiri Prochazka vs Carlos Ulberg at Kaseya Center in Miami, on April 11, 2026. (Photo by Julia Demaree Nikhinson / POOL / AFP via Getty Images)
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The Bank of Canada’s Jumbo Half-Point Rate Cut Sparks New Optimism in the Market
<p>After much anticipation, the Bank of Canada announced a significant rate cut of 50 basis points today, lowering the overnight lending rate to 3.75%. This marks the fourth rate cut of 2024 and follows a sharp decline in Canadian inflation to 1.6% in September—the lowest level in three and a half years. For much of the […]</p> <p>The post <a rel="nofollow" href="https://www.zoocasa.com/blog/boc-rate-cut-oct-2024/">The Bank of Canada’s Jumbo Half-Point Rate Cut Sparks New Optimism in the Market</a> appeared first on <a rel="nofollow" href="https://www.zoocasa.com/blog">Zoocasa Blog</a>.</p>
