If the Bank of Canada expects the economy to slow down, it ________ the operating band for the overnight interest rate.

Name: If the Bank of Canada expects the economy to slow down, it ________ the operating band for the overnight interest rate.
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When the Bank of Canada expects the economy to slow down, it typically lowers the operating band for the overnight interest rate. This is to encourage borrowing and stimulate economic growth.

If the Bank of Canada Expects the Economy to Slow