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How will U.S. tariff threat impact Bank of Canada's interest rate announcement?

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Summary
Nutrition label

73% Informative

The Bank of Canada is expected to cut its overnight rate for the seventh -straight meeting on Wednesday .

President Donald Trump has threatened to impose hefty tariffs on Canadian products and services consumed in the U.S. The next announcement, from bank governor Tiff Macklem , will be on Wednesday, March 12 .

Since June 2024 , the overnight rate has fallen two per cent .

VR Score

85

Informative language

89

Neutral language

64

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1