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    • Bank of Canada Cuts Rates 25 bps…Canadian Dollar Plunges via @DrSherryCooper
    • 18JUL
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      Bank of Canada Cuts Rates 25 bps…Canadian Dollar Plunges via @DrSherryCooper

      Bank of Canada Cuts Rates 25 bps…Canadian Dollar Plunges via @DrSherryCooper

      From our very own Dr Sherry Cooper: The Bank of Canada cut its overnight rate target by 25 basis points to an historically low 0.5 percent today. The loonie immediately plunged to 77.5 cents U.S., down a full cent. The disparity between monetary policy in Canada and the U.S. is especially evident today as Janet

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