Thursday, November 21, 2024

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Thursday, November 21, 2024 | Latest Paper

Why the Bank of Canada cut the key interest rate

The 50-basis-point cut, reducing the rate to 3.75. per cent, is 'to support economic growth and keep inflation close to the middle' of the one per cent to three per cent range, the Bank explained.

News
BY PETER MAZEREEUW
October 23, 2024

News | BY PETER MAZEREEUW | October 23, 2024

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