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Ottawa — the bank of canada is set to announce its interest rate decision today, where it's widely expected to lower its key lending rate The bank of canada delivered its third consecutive interest rate cut today, bringing its key lending rate to 4.25 per cent. After a string of seven rate cuts, the bank of canada has been sitting tight since march, waiting to see how global trade disruptions hit the canadian economy and affect.
The bank of canada is expected to reduce its key interest rate to 2.50% Ottawa — avery shenfeld doesn't think the bank of canada will cut its benchmark interest rate at its decision on wednesday, but if it does, he said it will be a pleasant surprise. The canadian dollar maintains a positive tone vs
The us dollar this month.
The bank of canada is widely expected to lower its key interest rate at its september 17 policy announcement — with most economists and market analysts predicting a 25 basis point. The bank of canada is widely anticipated to cut interest rates on wednesday after weak reports on unemployment and economic growth, as well as signs of cooling inflation.
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