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The Bank of Canada just cut its lending rate by 50 basis points. Here’s how that could impact Canadians

The central bank reduced its overnight lending rate, bringing it down to 3.75%. TD Economist Rishi Sondhi explains how the news might impact Canadians, including homeowners.

3 minute read
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Your Money
Take control of your finances.
The Bank of Canada just cut its lending rate by 50 basis points. Here’s how that could impact Canadians
You asked, we answered: 5 common questions women have about their finances
Will the Bank of Canada cut its lending rate again in October?
Innovation
Reimagine your banking experience.
Meet two of the women increasing cyber literacy at TD
How the TD Accessibility Adapter works
A look inside the state-of-the-art TD Terrace branch
Colleagues
Meet our people.
Why menopause should be addressed – and supported – at work
From call centres to mobile apps, celebrating the 40th anniversary of TD Direct Investing
How TD Bank’s Chief Engineer and Chief Architect embraces her Hispanic identity
Community
Opening doors to a brighter tomorrow.
How this TD scholarship helped open doors for one Saskatchewan student
How TD Tree Days help restore natural spaces from coast to coast
An inside look at the TD collection of art by Indigenous Peoples
Insights
Explore new perspectives.
A letter to our customers
Chris Morris: How we can improve access to mentorship opportunities for women
U.S. Fed appears set to cut interest rates – What does that mean for consumers?
 

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