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Markets bet on second Bank of Canada interest rate cut coming this week

  • Markets are gaining confidence that the Bank of Canada will cut interest rates for a second time this week due to lower-than-expected inflation figures.
  • Analysts believe it is "very likely" that the Bank of Canada will announce another rate cut following last month’s 25-basis-point reduction.
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  • 50% of the sources lean Left
50% Left
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Similar News Topics

BusinessBusiness
Bank of CanadaBank of Canada
Canadian EconomyCanadian Economy
InflationInflation
Stock MarketsStock Markets
Interest RateInterest Rate
CanadaCanada

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