# More Fed cuts expected to push Canadian interest rates lower: Don Pittis | CBC News

> 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.

- Date: 2019-09-19 · published 2019-09-19T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/57325-more-fed-cuts-expected-to-push-canadian-interest-rates-lower-don-pittis-cbc-news
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

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.

## Sources

- cbc.ca: https://www.cbc.ca/news/business/federal-reserve-rates-canada-1.5279888

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.