Bets of BOC Rate Cut Increased as Domestic Growth Loses Steam while Coronavirus Gets More Worrying

<p>The market has priced in a 60% chance of a BOC rate cut this week, up from virtually 0% two weeks ago. While moderation in domestic growth has suggested that further easing is likely, the coronavirus outbreak and its impact have the potential to push forward the rate cut schedule. Further easing is likely given […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/central-bank-analysis/276195-bets-of-boc-rate-cut-markedly-increased-as-domestic-growth-lost-steam-coupled-with-coronavirus-concerns/">Bets of BOC Rate Cut Increased as Domestic Growth Loses Steam while Coronavirus Gets More Worrying</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>