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<div>Bank of Canada cuts interest rate to 2.75% as country faces ‘new crisis’ from tariffs</div>
News March 12, 2025 1 min read 0 views

Bank of Canada cuts interest rate to 2.75% as country faces ‘new crisis’ from tariffs

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The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on Wednesday, as an ongoing trade war with the U.S. begins to strain the Canadian economy.

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