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Coin Edition 2024-09-05 06:10:00

Bank of Canada Cuts Rate to 4.25%, Easing Inflation Worries

Read also: Canadians Show Reluctance to Embrace CBDC at Scale: Bank of Canada The Bank of Canada (BoC) lowered its key policy rate by 25 basis points to 4.25% on Wednesday, its third consecutive rate cut, reported by Wu Blockchain. This move was prompted by easing inflationary pressures, with Canada’s inflation rate falling to a The post Bank of Canada Cuts Rate to 4.25%, Easing Inflation Worries appeared first on Coin Edition .

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