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KM Financial Solutions | UPDATE 2-Bank of Canada sees rate cut cushioning the economic blow of coronavirus
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UPDATE 2-Bank of Canada sees rate cut cushioning the economic blow of coronavirus

04 Mar UPDATE 2-Bank of Canada sees rate cut cushioning the economic blow of coronavirus

Posted at 22:16h in News by
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The Canadian economy’s
resilience could be “seriously tested” by a coronavirus outbreak
but the Bank of Canada’s decision to cut a key interest rate
this week should help soften the blow, Governor Stephen Poloz
said on Thursday.

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