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lower interest ratesCityNews
•82% Informative
With inflation below target, Bank of Canada expected to deliver supersized rate cut this week .
The central bank’s interest rate announcement on Wednesday comes after Statistics Canada reported the annual inflation rate in September tumbled to 1.6 per cent .
Governor Tiff Macklem said the central bank will be ready to cut rates more aggressively if inflation falls by too much.
VR Score
88
Informative language
90
Neutral language
64
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English
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57
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