European and Canadian central banks expected to cut interest rates this week
by Graeme Wearden from Economics | The Guardian on (#6N841)
New lower rates of 3.75% and 4.75% respectively are likely to be introduced this week after drops in inflation
Borrowers in the eurozone and in Canada are expected to get some relief from high interest rates this week.
After recent drops in inflation, the European Central Bank (ECB) and the Bank of Canada (BoC) are forecast to lower their benchmark rates in the coming days.
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