Bank of Canada Cuts Interest Rate by 25 Basis Points

Bank of Canada Cuts Interest Rate by 25 Basis Points

The Bank of Canada has reduced its interest rate by 25 basis points, aligning with market expectations. This decision reflects the central bank’s ongoing assessment of economic conditions. Analysts had anticipated this move, suggesting it would support economic growth amid various challenges. The interest rate cut aims to stimulate borrowing and spending, which are crucial […]

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