With another rate decision looming, it looks like the Bank of Canada will be cutting rates again.
Benchmark rate is currently at 3.25% and a 25 basis point cut is expected.
Rate decision will be announced on Wednesday.
Sats for all,
GR
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40 sats \ 1 reply \ @Satosora 27 Jan
Has Canada said anything about bitcoin?
Will they try to copy Trump?
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9 sats \ 0 replies \ @grayruby OP 27 Jan
Not sure. Pierre Poilievre is pro Bitcoin and he is likely to win the next election. I don't know if they would create a bitcoin reserve but he will likely take a more pro Bitcoin stance.
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