National Bank predicts Canadian interest rate cut

National Bank Financial predicts that the BoC will cut interest rates next month

Steve Randall
National Bank Financial predicts that the BoC will cut interest rates next month. In a note the bank says that it would be better for the central bank to act now and withdraw some of the cut later if conditions improve, rather than wait until it’s too late. The BoC’s meeting is set for Sept. 9. 
 

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