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Canada Central Bank Cuts Key Lending Rate Citing Trump Tariffs

Canada
International Business Times Fews App News Provider
Fews App Post Time 12h ago

Canada Central Bank Governor Tiff Macklem at a G7 meeting in Banff, Canada, in May 2025 AFP Canada's central bank cut its key lending rate on Wednesday, offering a boost to borrowers in an economy squeezed by US President Donald Trump's trade war. The Bank of Canada reduced the rate to 2. 5 percent, after holding it at 2.

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