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A Panicked Bank of Canada Just Cut Interest Rates Back To Record Lows

Canada’s central bank is flooding the credit market, and hoping nothing sinks. The Bank of Canada (BoC) made an unscheduled rate decision today, dropping the policy rate to just 0.25%. The decision is the third cut just this month, and marks a return to the lowest policy rate Canada has ever seen. Policy Interest Rate […]

The post A Panicked Bank of Canada Just Cut Interest Rates Back To Record Lows appeared first on Better Dwelling.

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