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Bank of Canada cuts key interest rate to 4.5%

Bank of Canada cuts key interest rate to 4.5%

Jul 24, 2024 | 6:57am
The Bank of Canada cut its key interest rate for the second straight time, bringing its key rate down to 4.5 per cent. Forecasters say slowing inflation and a weak economy justified a second consecutive cut by the central bank. After a historic run-up, the central bank lowered its policy rate for the first time […]

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