Wu Blockchain (@WuBlockchain): The Bank of Canada announced a 25 basis point rate cut, lowering the interest rate to 4.75%. Canada's CPI inflation rate fell further to 2.7% in April…
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The Bank of Canada announced a 25 basis point rate cut, lowering the interest rate to 4.75%. Canada's CPI inflation rate fell further to 2.7% in April. The Governor of the Bank of Canada said it is reasonable to expect more rate cuts if inflation continues to slow.…