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The Bank of Canada (BoC) held its policy rate at 2.75%, following seven straight announcements where the bank cut rates. The bank’s outlook recognized that the “economy is slowing as tariff announcements and uncertainty pull down consumer and business confidence. Consumption, residential investment and business spending all look to have weakened in the first quarter. […]

The post Bank of Canada Holds Rates Even as Tariffs Threaten the Economy appeared first on Action Forex.

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