Bank of Canada Cuts Rates
This is a Canada news story, published by financialpost, that relates primarily to The Bank of Canada news.
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Canadian economic growthfinancialpost
•Business
Business & Economics
Bank of Canada cuts interest rate to 3% amid trade uncertainty with the United States

77% Informative
The Bank of Canada cut its interest rate by 25 basis points to three per cent on Wednesday .
The central bank also announced the end of quantitative tightening and adjusted the deposit rate to a spread of five basis points below the bank’s policy rate.
A long-lasting and broad-based conflict would badly hurt economic activity in Canada , the governor said.
VR Score
86
Informative language
89
Neutral language
47
Article tone
formal
Language
English
Language complexity
56
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5