UPDATE 2-Bank of Canada slashes rates amid coronavirus fears, markets see another cut
03 Mar UPDATE 2-Bank of Canada slashes rates amid coronavirus fears, markets see another cut
Posted at 15:48h
in
News
by KMFSLLP
The Bank of Canada slashed its
benchmark interest rate to 1.25% from 1.75% on Wednesday in the
face of a coronavirus outbreak and said it was prepared to cut
again if needed to support growth.
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