Tag Archive for Tag: rising trade tensions

Tag: rising trade tensions Bank of Canada may follow Fed with rate cuts later this year, traders bet

    Bank of Canada may follow Fed with rate cuts later this year, traders bet   The Bank of Canada is likely to join the U.S. Federal Reserve with an interest rate cut this year to deal with the fallout from rising trade tensions, according to trading in the swaps market.   Investors are betting Canadian policy makers will follow an expected U.S. rate cut in September. The chances of a Bank of Canada match at the Oct. 30 meeting jumped above 50 per cent Tuesday, up from about 25 per cent last week, according to data compiled by

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