Will The Fed Cut Interest Rates In 2024 Canada

Will The Fed Cut Interest Rates In 2024 Canada. The bank of canada lowered its. Will the federal reserve follow the bank of canada in cutting interest rates?

Fed rate cuts would, over time, lighten loan costs for consumers, who have faced punishingly high rates for mortgages, auto loans, credit cards and other forms of borrowing. It does this by adjusting the target for the overnight rate on eight fixed dates each year.