Bank of Canada cuts benchmark rate by 25 basis points to 3% \ stacker news ~econ

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Bank of Canada cuts benchmark rate by 25 basis points to 3%

279 sats \ 11 comments \ @grayruby 29 Jan econ

They also announced they would be ending Quantitative Tightening.

23 sats \ 0 replies \ @grayruby OP 29 Jan

"The Bank is also announcing its plan to complete the normalization of its balance sheet, ending quantitative tightening. The Bank will restart asset purchases in March."

40 sats \ 3 replies \ @realBitcoinDog 31 Jan

I wouldn't have known this except for this post.

10 sats \ 2 replies \ @grayruby OP 31 Jan

Happy to enlighten about my home and native land.

40 sats \ 1 reply \ @realBitcoinDog 31 Jan

I understand this reference

but one day the left is gonna make you rewrite the song and say it's inapproprirate for u to call it your native land.

10 sats \ 0 replies \ @grayruby OP 31 Jan

Haha so true.

40 sats \ 3 replies \ @Undisciplined 29 Jan

Once you're granted statehood, you won't have to worry about the Bank of Canada fools anymore.

37 sats \ 2 replies \ @grayruby OP 29 Jan

Won't it just become the Federal Reserve Bank of Canada?

40 sats \ 1 reply \ @Undisciplined 29 Jan

I'm afraid not. The cost of entry is relinquishing your money printer.

39 sats \ 0 replies \ @grayruby OP 29 Jan

Nooooooo that's all we have left!

40 sats \ 1 reply \ @BlokchainB 29 Jan

Yall cut but we don’t

55 sats \ 0 replies \ @grayruby OP 29 Jan

Canada is a real mess right now.