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Central Bank Focus

BoC Cuts To 2.25%, Signals Patience As Weak Growth Persists

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The Bank of Canada cut the overnight rate by 25 bps to 2.25%, placing policy at the bottom of its neutral range while signaling patience ahead. Gov. Macklem highlighted the 100 bps of easing year-to-date, with 50 bps delivered over the last two meetings…

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