The Bank of Canada (BOC) has lowered its key interest rate by a quarter percentage point, bringing it to three per cent.
This is the 6th consecutive cut since June.
In its decision, the central bank cited inflation that is about 2 per cent and an economy in excess supply.
The BOC also flagged U.S. trade policy as “a major source of uncertainty” that will test the Canadian economy.
– with files from Vista Radio newswire
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