The Bank of Canada has cut its key rate by 25 basis points. It's the first time in 4 years the central bank has lowered the rate. Before today the rate was sitting at five per cent, the highest it's been since 2001.
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Bank Of Canada Cuts Key Rate For First Time Since 2020 For Country: United States. City: Allentown, Antioch, Sterling Heights, Sunnyvale, Westminster
