🚨 Will the Bank of Canada cut interest rates or not? Bank of Montreal breaks market consensus! 💥
🔹 Rate cut of 25bp in April?
The Bank of Montreal predicts that the Bank of Canada will cut rates by 25 basis points in April, and will drop to 2% this summer, citing tightening Trump tariff policies and increasing recessionary pressures! 📉
🔹 Is the market generally skeptical? 🤨
The mainstream view in the market believes that due to the rebound in inflation, a pause in rate cuts is likely in April, and Bank Governor Macklem has also warned of inflation risks, stating that the price increases in February "have raised concerns." 📊🔥
🔹 What should Bitcoin investors pay attention to? ⚠️
💰 Rate cuts = monetary easing, which may benefit risk assets and boost liquidity in the crypto market!
💰 However, if inflation resurfaces, it may lead to a return of interest rate hike expectations, causing market volatility! 📉