The news: Amid rising concerns about the weakening economy, central bank members are signaling that further cuts to interest rates are likely.

Last Wednesday the Bank of Canada lowered rates for the third time in a row.
For its September 17-18 meeting, the US Federal Reserve is contemplating making its first interest rate cut since 2022.

Canada is well into its monetary policy easing cycle: The Bank of Canada set a new benchmark rate of 4.25% last Wednesday with another quarter-percentage point cut.

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Fed looks set to put an end to historically high US lending rates

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