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Bank of Canada Slashes Key Interest Rate to 3%

January 30, 2025

Bank of Canada Governor Tiff Macklem warns that retaliatory measures against the United States could have severe economic consequences. The Bank of Canada has cut its key interest rate to 3%. Personal finance expert Rubina Ahmed Haq joins Miranda Anthistle in the latest of Your Money to discuss how this rate cut will impact Canadians.

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