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BMO Economist Expects 75 Bps Decrease

YouTubeMy Mortgage Guy RayDaez

BMO Economist Expects 75 Bps Decrease

BMO’s Earl Davis expects the Bank of Canada to cut rates by 75 basis points by the end of 2025. That could bring the policy rate down to 2.00 percent. The cuts are likely to come in small 25 point steps as inflation cools and growth picks up. What does this mean for you? Lower borrowing costs, cheaper mortgages, and more room for buyers and ...

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