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Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy

edmontonjournal
Summary
Nutrition label

80% Informative

The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday .

The policy rate stands at 2.75 per cent after the central bank’s seventh consecutive rate cut.

The move was widely expected by economists.

U.S. President Donald Trump delivered on weeks of tariff threats against Canada on March 4 .

VR Score

88

Informative language

90

Neutral language

72

Article tone

formal

Language

English

Language complexity

60

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

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