Bank of Canada Cuts Interest Rates Again, Signals Possible End to Cycle
Canada’s central bank lowered rates by 0.25% for a second straight meeting, hinting the easing phase may be nearing completion.
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Terms & Concepts
Interest Rate Cut: A reduction in the central bank's benchmark lending rate, often aimed at stimulating economic activity or addressing slowing growth.
Rate Cut Cycle: A series of consecutive interest rate reductions by a central bank as part of monetary policy adjustments.