_bitcoin-soars-above-3671000-as-bank-of-canada-cuts-interest-rates-for-the-first-time-in-four-years.jpg "Bitcoin Soars Above $71,000, as Bank of Canada Cuts Interest Rates for the First Time in Four Years from gmail support contact number canada Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:38
👁 View: 730K times
✓ Published: 07-Jun-2024
👁 View: 730K times
✓ Published: 07-Jun-2024
Description:
The Bank of Canada cut its benchmark interest rate by 25 basis points, the first cut in four years. The price of Bitcoin rose above $71,000, its highest since March, settling around $70,900. Lower interest rates are generally good for risky assets like Bitcoin, as they make borrowing money cheaper and increase the money supply. The Bank of Canada governor said confidence in returning inflation to their 2% target has increased. The US Federal Reserve is expected to keep rates steady in June but cut by September according to market forecasts.
The Bank of Canada cut its benchmark interest rate by 25 basis points, the first cut in four years. The price of Bitcoin rose above $71,000, its highest since March, settling around $70,900. Lower interest rates are generally good for risky assets like Bitcoin, as they make borrowing money cheaper and increase the money supply. The Bank of Canada governor said confidence in returning inflation to their 2% target has increased. The US Federal Reserve is expected to keep rates steady in June but cut by September according to market forecasts.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_what-happened-on-d-day-a-major-turning-point-in-world-war-ii.webp "80 years ago, on June 6, 1944, American, Canadian, British and a handful of French soldiers landed on the coast of Normandy in France.")
_how-to-contact-gmail-customer-care-124124-how-to-contact-gmail.webp "How To Know")
_how-to-fix-this-phone-number-cannot-be-used-for-verification-on-gmail-account.webp "tech How")
⏲ 2 minutes 26 seconds 👁 24.4K
_id-card-passport-driver39s-license-psd-template-front-amp-back-documents-and-other-certificates-services-course-off.webp "Contact:nnEmail: psdiodoc@gmail.comnDiscord: PSDIO#8725nWickr me: psdiodocnnWhat template do you need?nnWe Create Amazing Digital ExperiencesnnFake ID Templates, Passports & Documents:nnFully editable photoshop templates. Super-easy to customize, you don't need to be an expert! Perfect for different account verifications online.nnHigh-Quality templatenLayer based & Fully editablenFonts IncludednScan EffectnMultiple backgroundsnnis best for verify-Removing PayPal account limitationnVerify")
⏲ 3 min 20 sec ✓ 27-Feb-2022
_how-to-recover-gmail-account-124-no-email-124-no-phone-number-124-100-gmail-recovery.webp "Basics With Meeta")
⏲ 8 minutes 31 seconds 👁 219.9K
_the-new-jeep-wagoneer-4xe-design-preview-in-studio.webp "The Jeep® brand is charging into the electrified SUV segment with the reveal of its first global battery-electric vehicle (BEV) – the 2024 Jeep Wagoneer S Launch Edition (US only). The all-new, all-electric 2024 Jeep Wagoneer S will launch first in the U.S. and Canada in the second half of 2024 and later be available in markets around the world.<br/><br/>The Jeep Wagoneer S is offered exclusively as a BEV with a range of more than 300 miles on a single charge, delivering 600 horsepower, lightning-quick 0-60 mph acceleration time of 3.4 seconds and more than 800 Nm of instant torque. Impressive performance credentials paired with the Jeep brand-exclusive Selec-Terrain traction management system, Jeep Wagoneer S instills driving confidence and traction for all weather and road conditions (these data refer to US spec and US cycle only).<br/><br/>To make charging of this first global Jeep brand BEV quick and easy for customers, the Jeep Wagoneer S carries an efficient 400-volt, 100-kilowatt-hour battery pack that allows owners to charge the vehicle from 20% to 80% in 23 minutes (with DC fast charger).<br/><br/>Every Jeep Wagoneer S Launch Edition includes a 48-amp Level 2 home charger or public charging credits of equal value through Free2move Charge, Stellantis’ 360-degree charging ecosystem, making it easy for customers to always be charged by delivering seamless charging and energy management. Wagoneer S customers can access the Free2move Charge app to conveniently search for charging stations, activate the charging session and keep track of charging history (US only).")
_how-to-contact-google-one-support-in-2024.webp "ROI Hacks Social Media Marketing Tutorials")
_329-channel-ka-name-change-kyu-kia.webp "Canadian Trucker Couple")
_what-happened-on-d-day-a-major-turning-point-in-world-war-ii.jpg)
_how-to-contact-gmail-customer-care-124124-how-to-contact-gmail.jpg)
_how-to-fix-this-phone-number-cannot-be-used-for-verification-on-gmail-account.jpg)
_id-card-passport-driver39s-license-psd-template-front-amp-back-documents-and-other-certificates-services-course-off.jpg)
_how-to-recover-gmail-account-124-no-email-124-no-phone-number-124-100-gmail-recovery.jpg)
_the-new-jeep-wagoneer-4xe-design-preview-in-studio.jpg)
_how-to-contact-google-one-support-in-2024.jpg)
_329-channel-ka-name-change-kyu-kia.jpg)
![[+]](/images/menu.gif){kind=small}