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With inflation below target, BoC expected to deliver supersized rate cut this week

OTTAWA — Forecasters expect the Bank of Canada to speed up the pace of interest rate cuts and lower its policy rate by half a percentage point this week. The central bank’s interest rate announcement on Wednesday comes after Statistics Ca


  • Oct 20 2024
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OTTAWA -- Forecasters expect the Bank of Canada to speed up the pace of interest rate cuts and lower its policy rate by half a percentage point this week. Read More

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