The BoC is likewise set to continue easing interest rates through 2025, at least at a faster pace than the Fed is expected to, which will apply pressure on CAD’s already-rising rate differential.

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Lauren Huff is a writer at Entertainment Weekly with over a decade of experience covering all facets of the entertainment industry. After graduating with honors from the University of Texas at ...