OTTAWA—The Bank of Canada cut its interest rates for the second time in 2024, bringing its key rate to 4.5 percent.
Bank of Canada Cuts Key Rate to 4.5 Percent, Says Further Cuts ‘Reasonable to Expect’
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Governor of the Bank of Canada Tiff Macklem speaks during a news conference on the Bank of Canada's rate announcement in Ottawa on June 5, 2024. The Canadian Press/Justin Tang

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