Bank of Canada cuts Benchmark rate again \ stacker news ~econ

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Bank of Canada cuts Benchmark rate again

649 sats \ 7 comments \ @grayruby 4 Sep econ

The Bank of Canada cut its benchmark rate another 25 basis points today to bring it to 4.25%

Most interestingly, they also signalled a willingness to do steeper cuts (not just more cuts but increasing the magnitude of cuts) if the economy were to continue to weaken.

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50 sats \ 3 replies \ @Undisciplined 4 Sep

It's global liquidity season. Stock up now.

37 sats \ 0 replies \ @grayruby OP 4 Sep

Yes it looks that way.

84 sats \ 1 reply \ @south_korea_ln 4 Sep

Stock up or stack up?

40 sats \ 0 replies \ @Undisciplined 4 Sep

Same thing for this scenario.

40 sats \ 0 replies \ @roadrunnah 5 Sep

The politics of lieing mixed with system fused to lieing is a perfect combination of phonetic and semantic gymnastics that destroys the middle class whether it be intentional or not. Very long yet we are describing this uncomplicated system that becomes complicated when they impose their percentage magic right in front of us.

20 sats \ 0 replies \ @Satoshi__Nakamoto 4 Sep

Bank of Canada is grabbing good time

20 sats \ 0 replies \ @DawnoftheDead 4 Sep

Canada is making moves