What will the Bank of Canada’s rate cut mean for you?
Podcast |
The Current
Publisher |
CBC
Media Type |
audio
Categories Via RSS |
News & Politics
Publication Date |
Oct 23, 2024
Episode Duration |
00:19:46

The Bank of Canada has slashed its key interest rate to 3.75 per cent, the biggest drop since the start of the pandemic. We look at how long it will take for this to reach the wallets of cash-strapped Canadians — and the tightrope the Bank is walking when it comes to inflation.

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