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Bank of Canada to Cut Interest Rate Once More on Oct. 29, Say Economists
The Bank of Canada plans a second 25-point rate cut to support economic growth despite recent inflation increases driven mainly by gas prices, experts say.
Summary by BNN Bloomberg
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2 Articles
Bank of Canada to cut interest rate once more on Oct. 29, say economists
The Bank of Canada will reduce its overnight interest rate by 25 basis points on Oct. 29 for a second consecutive time to support a weak economy under threat from U.S. tariffs, according to a majority of economists polled
·Canada
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Total News Sources2
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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