Bank of Canada risks waiting too long to cut interest rates ...Middle East

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Breadcrumb Trail Links News Now greater odds the central bank will move too late than too early, say economists Published Mar 12, 2024  •  Last updated 50 minutes ago  •  5 minute read The Bank of Canada risks waiting too long to cut interest rates, say economists. Photo by Sean Kilpatrick/Canadian Press/Bloomberg Article content The Bank of Canada runs the risk of depressing an already fragile economy by waiting too long to cut interest rates, says a report from Moody’s Analytics. Article content Two years after the central bank began raising interest rates to curb soaring inflation, the timing of its next move has become critical, it said. The Bank of Canada held stea

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