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Bank of Canada cuts rate by 25 basis points, as expected

Press Room
Jan. 29, 2025 9:45 AM ETBy: Liz Kiesche, SA News Editor
Canada flag, stock market, exchange economy and Trade, oil production, container ship in export and import business and logistics.

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  • The Bank of Canada cut its policy rate by 25 basis points to 3.00%, as widely expected, on Wednesday.
  • Breaking news… check back for updates.
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