BoC Rate Decision
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Bank of Canada keeps key rate at 0.25%, sees ‘slow and choppy’ recovery aheadAfter a strong initial bounce-back, the rest of the economic recovery to be prolonged and uneven, Canada's central bank predicted.MoneySep 9, 2020
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Bank of Canada keeps key rate at 0.25%, sees 7.8% GDP drop this yearCanada's central bank said its forecasts could be thrown off significantly if there is a second wave of novel coronavirus pandemic.MoneyJul 15, 2020
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Several banks follow Bank of Canada, cut interest rates amid coronavirus concernsThe move comes as no surprise, but will it help?MoneyMar 4, 2020
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Federal Reserve cuts rates in emergency move to stem coronavirus impactThe move comes afer the G-7 group of major industrialized countries said Tuesday it would use "all appropriate tools" to shore up the global economy.MoneyMar 3, 2020
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Bank of Canada rate cut increasingly likely amid coronavirus fears, economists sayThe move could come as early as the central bank's next meeting on March 4, some analysts say.MoneyMar 2, 2020
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Bank of Canada holds rate at 1.75%, says Canada’s ‘resilience’ will be ‘tested’Unlike other advanced economies, Canada is not cutting interest rates just yet. But our resilience in the face of a slowing global economy will be 'increasingly tested,' the central bank said.MoneyOct 30, 2019
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Bank of Canada holds key interest rate at 1.75%, downgrades economic forecastIn its announcement today, the central bank removed any mention of a need for future interest rate increases.MoneyApr 24, 2019
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