Reaction to the Bank of Canada lowering key interest rate again

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Channel: CP24  

The Bank of Canada cut its key interest rate for a second consecutive time on Wednesday, but warned the path back to two per cent inflation may be uneven and would ultimately determine the pace of future rate cuts.

The central bank says its decision to lower its policy rate by a quarter percentage point was motivated by easing price pressures and weakening economic conditions.

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Video length: 4:17
Category: News & Politics
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