BoC cuts key rate by quarter point to 3% as tariffs threat loom

OTTAWA — The Bank of Canada delivered another interest rate cut on Wednesday, reducing its policy rate by a quarter percentage point to three per cent. But looming U.S. tariffs are weighing on the central bank’s economic outlook. The cut, the central bank's sixth consecutive one since June, comes as the central bank said inflation […]

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February 26, 2025

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