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Jul 24, 2024
Bank of Canada Cuts Key Rate to 4.5 Percent, Says Further Cuts ‘Reasonable to Expect’
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Matthew Horwood
OTTAWA—The Bank of Canada cut its interest rates for the second time in 2024, bringing its key rate to 4.5 percent. The Bank of Canada reduced its 4.75 percent benchmark interest rate by 25 basis points on July 24, noting ...
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