🇨🇦 BANK OF CANADA
Bank of Canada hikes key interest rate by 25 basis points to 2.50%, as expected
💡 Why it matters: Higher rates make borrowing more expensive and can dampen risk appetite across markets. Since the move was expected, the reaction may be limited, but investors will watch whether other central banks, including the Fed, follow a similar path.
📊 Impact: $BTC ❔ · $SPX ❔
✅ Winners: Canadian dollar, savers, banks
⚠️ Losers: Risk assets, borrowers, highly indebted companies
#Macro #Rates
Bank of Canada hikes key interest rate by 25 basis points to 2.50%, as expected
💡 Why it matters: Higher rates make borrowing more expensive and can dampen risk appetite across markets. Since the move was expected, the reaction may be limited, but investors will watch whether other central banks, including the Fed, follow a similar path.
📊 Impact: $BTC ❔ · $SPX ❔
✅ Winners: Canadian dollar, savers, banks
⚠️ Losers: Risk assets, borrowers, highly indebted companies
#Macro #Rates
