How will the Bank of Canada’s interest rate cuts affect personal finances? – CTV News

How will the Bank of Canada’s interest rate cuts affect personal finances?  CTV NewsBank of Canada reduces policy rate by 25 basis points to 4¼%  Bank of CanadaInterest rates are dropping. What, if anything, will get cheaper?  CBC.caCould aggressive rate cuts unleash a household savings tsunami?  The Globe and MailBank of Canada cuts interest rate to 4.25%, signals more easing to come  Financial Post