Canadian Central Bank Warned The Global Economy Is Breaking

By Jeffrey P. Snider of Eurodollar University

Friday, March 14, 2025 4:50 AM EDT

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The global "race to the bottom" for interest rates is already well underway, more than most people might think. They've been led to believe it's just a few rate cuts here or there, when the reality is very different. The Bank of Canada is a perfect example, a central bank that has already lowered its rates by a ton. Markets and fundamentals all say there's more coming; the rate race is far from over.

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