Bank of Canada cuts by 50 bps The Bank of Canada pulled the trigger on a full 50 bps cut to the target overnight rate today to 1.25 per cent, matching yesterday's surprise inter-meeting cut of 50 bps by the U.S. Fed. This was the first cut since 2015. The Bank's statement cited COVID-19 as "a material negative shock" to the Canadian and global outlooks as a driver of the decision.
Member Forum & AGM 2020 Central 1 members are invited to join us for two days of interactive sessions on current and emerging issues for credit unions in Canada. April 27 & 28 The Westin Ottawa Ottawa, ON
Momentum 2020 Momentum is an opportunity to discuss the tremendous disruption facing the financial services industry and collaborate on collective strategies. September 20 – 22 Parq Vancouver Vancouver, BC
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Your Market News update for May 30, 2019 | View online Market News News that's moving the market now As Trade-War Worries Linger, Market Seems to Lack Buying Conviction May 30, 2019 8:40 AM | JJ Kinahan 6 min read | Daily Market Update