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Published 21:21 IST, September 4th 2024

Bank of Canada cuts rates for third time in a row, frets over weak growth

The Bank of Canada cut its key policy rate by 25 basis points to 4.25 per cent as forecast but expressed concern about weaker-than-expected growth.

Reported by: Thomson Reuters
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Canada inflation plummets
Bank of Canada cuts rates for third time in a row, frets over weak growth | Image: Shutterstock
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21:21 IST, September 4th 2024