🌟 [ 37 ] Bank of Canada Cuts Key Interest Rate by 25 Basis Points [ @Bloomberg Television ]
The Bank of Canada cut interest rates by a quarter of a percentage point, making it the first Group of Seven central bank to kick off an easing cycle. Policymakers lowered the benchmark overnight rate to 4.75% on Wednesday, and Governor Tiff Macklem said more cuts could be coming. Bloomberg s Michael McKee reports. More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don t miss any videos from Bloomberg Markets u0026 Finance: [ 🔗 Click ‼️ ] Visit [ 🔗 Click ‼️ ] for business news u0026 analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: [ 🔗 Click ‼️ ] Facebook: [ 🔗 Click ‼️ ] Instagram: [ 🔗 Click ‼️ ] Connect with Bloomberg Business on: X: [ 🔗 Click ‼️ ] Facebook: [ 🔗 Click ‼️ ] Instagram: [ 🔗 Click ‼️ ] TikTok: [ 🔗 Click ‼️ ] Reddit: [ 🔗 Click ‼️ ] LinkedIn: [ 🔗 Click ‼️ ] More from Bloomberg: Bloomberg Radio: [ 🔗 Click ‼️ ] Bloomberg Surveillance: [ 🔗 Click ‼️ ] Bloomberg Politics: [ 🔗 Click ‼️ ] Bloomberg Originals: [ 🔗 Click ‼️ ] Watch more on YouTube: Bloomberg Technology: [ 🔗 Click ‼️ ] Bloomberg Originals: [ 🔗 Click ‼️ ] Bloomberg Quicktake: [ 🔗 Click ‼️ ] Bloomberg Espanol: [ 🔗 Click ‼️ ] Bloomberg Podcasts: [ 🔗 Click ‼️ ]
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