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The US Federal Reserve cut rates for the second time this summer, citing a weakening global economy and trade fears, and signaled no further cuts this year. The Canadian dollar fell after the announcement, and analysts expect Canadian rates to follow lower.
Lower policy rates in the US and expected Canadian easing weaken the outlook for the Canadian dollar and shape currency-driven costs for imported and exported feed commodities.
cbc.caDon PittisSep 19, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
