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Reuters

Reuters

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Business & Economics

Bank of Canada likely to cut rates by 25bps, give tariff impact analysis

Reuters
Summary
Nutrition label

79% Informative

Bank of Canada widely expected to offer analysis on impact of potential U.S. tariffs.

First time the central bank will announce its rate decision and share projections on the economy since change in government in the United States .

Donald Trump has been threatening a barrage of tariffs on Canadian imports since he won the election in November .

Currency swap markets are betting on an 83% chance of a rate cut on Wednesday .

VR Score

91

Informative language

98

Neutral language

51

Article tone

semi-formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links