Bank of Canada lowers interest rate to 2.5% in first cut since March

Bank of Canada lowers interest rate to 2.5% in first cut since March

The Bank of Canada lowered its key interest rate by 25 basis points to 2.5 per cent on Wednesday, marking its first cut since March, as the central bank moves to stimulate a weakened economy.The job market has softened, inflation excluding gas has eased,

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