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Why the Bank of Canada just made a 'supersized' rate cut | About That
Posted
October 23, 2024
Views
300,808
Likes
3,665
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1.22%
October 23, 2024
300,808
3,665
1.22%
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9:41Now PlayingThe Bank of Canada just made a sizable 0.5-percentage-point cut to its key lending rate, bringing it down to 3.75 per cent. Andrew Chang explains why there was such a strong consensus that a 'supersized' interest rate cut was needed.
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