welcome
Global News

Global News

Business

Business & Economics

Bank of Canada cuts key rate 0.25% as easing cycle slows - National | Globalnews.ca

Global News
Summary
Nutrition label

76% Informative

The Bank of Canada cut its benchmark interest rate by 25 basis points, bringing the policy rate down to 3.0 per cent .

The move was widely expected by markets and most economists.

The central bank also warned that Canada ’s economy would be “tested” if the United States delivers on a threat to impose blanket tariffs on Canadian goods.

VR Score

85

Informative language

88

Neutral language

85

Article tone

formal

Language

English

Language complexity

57

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