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Placeline/People
City
Ottawa
State Province
Ontario
Country
Canada
Bank of Canada makes quarter-point rate cut
The Bank of Canada cut its key interest rate by a quarter point on Wednesday, citing stabilized inflation and a stronger economy. Still, it warned that a trade war would be a significant shock to the economy and something the central bank can't fully resolve with changes to interest rates. (Jan. 29, 2025)
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Source name:
The Canadian Press
Unique identifier:
CP173987650
Legacy Identifier:
b_BoC-RateCut20250129T1610
Type:
Video
Duration:
1m38s
Dimensions:
1920px × 1080px 88.53 MB
Usage rights:
FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE.
Create Date:
1/29/2025 4:10:00 PM
Display aspect ratio:
16:9
Tags
Bank of Canada
business
business and finance
central bank
economy
household spending
inflation
interest rates
international trade
news
tariffs
Tiff Macklem
trade
uncertainty