Wu Blockchain (@WuBlockchain): The Bank of Canada cut its key policy rate by 25bps to 4.25% as expected on Wednesday, its third consecutive rate cut, citing continued easing of broa…
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The Bank of Canada cut its key policy rate by 25bps to 4.25% as expected on Wednesday, its third consecutive rate cut, citing continued easing of broad-based inflationary pressures. Canada's headline inflation rate fell to a 40-month low of 2.5% in July, still above its 2%…