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September 01, 2020 1:26pm
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Bank of Canada Keeps Rates Unchanged, Needs More Evidence Of Slowing Inflation Before Cuts

The BoC keeps rates unchanged for a sixth consecutive meeting even as officials signaled they’re getting closer to rate cuts but – like the Fed – need more evidence of slowing inflation. The Canadian central bank left the benchmark overnight rate unchanged at 5% on Wednesday, a move which was expected by markets and by […] Source
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