Bank of Canada Cuts Rate to 4.25%, Easing Inflation Worries

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Read also: Canadians Show Reluctance to Embrace CBDC at Scale: Bank of Canada The Bank of Canada (BoC) lowered its key policy rate by 25 basis points to 4.25% on Wednesday, its third consecutive rate cut, reported by Wu Blockchain.

This move was prompted by easing inflationary pressures, with Canada’s inflation rate falling to a […]

The post Bank of Canada Cuts Rate to 4.25%, Easing Inflation Worries appeared first on Coin Edition.

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Author / Journalist: Coin Edition

Category: Crypto

Markets: IndiaCanada

Topics: News Market Cryptocurrency Market News

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Published On: 2024-09-05 @ 06:10:00 (14 hours ago)

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News Source URL: coinedition.com

Language: English

Article Length: 133 words

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Sentences: 56 lines

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