Weaker loonie may not deter Bank of Canada diverging from the Fed | Reuters

The Bank of Canada would be willing to cut interest rates three times ahead of the Federal Reserve’s first move before a declining currency threatens to endanger the inflation outlook, the median estimate of seven analysts in a straw poll showed.
— Read on www.reuters.com/business/finance/weaker-loonie-may-not-deter-bank-canada-diverging-fed-2024-05-17/