Reposting for my followers: The BOC just signaled a pause, and for the last 20 years, this told the story of what the FED did 1 week later each time.
Both in 2006 and 2019, the FED also led the way in reducing the prime lending rate after the pause began.
Both in 2006 and 2019, the FED also led the way in reducing the prime lending rate after the pause began.