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Bank of Canada could rein in rate cuts amid tax relief cheques: TD Bank - National | Globalnews.ca

By Global News   |   1 year ago
Bank of Canada could rein in rate cuts amid tax relief cheques: TD Bank - National | Globalnews.ca

A new report by TD Economics suggests that federal and provincial rebate cheques may reduce the need for Bank of Canada rate cuts. With Canadians expected to spend or save the extra money, the economy could strengthen, leading to fewer rate cuts in 2025. Uncertainty remains due to potential U.S.

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