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Business & Economics

Bank of Canada set for interest rate decision as tariff uncertainty persists

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Summary
Nutrition label

78% Informative

The Bank of Canada is set to make an interest rate decision today .

The central bank decided to hold its key rate steady at its last meeting in April .

Annual inflation cooled to 1.7 per cent in April , dragged down by the removal of the consumer carbon price.

Statistics Canada said Friday that real gross domestic product topped expectations in the first quarter of the year .

VR Score

87

Informative language

91

Neutral language

73

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

no external sources

Source diversity

no sources

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