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Interest rate cuts can be a mixed blessing - It's Your Money

Summary by castanet.net
Earlier this month, the Bank of Canada announced its seventh consecutive interest rate cut since it began lowering rates in June 2024. These rate cuts were widely expected as inflation continues to cool and economic growth shows signs of slowing. While lower interest rates are welcome news for Canad...

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castanet.net broke the news in Kelowna, Canada on Monday, March 31, 2025.
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