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Placeline/People

City Ottawa

State Province Ontario

Country Canada

Bank of Canada cuts key interest rate again, bringing it to 4.5%

The Bank of Canada held a news conference to announce its decision to lower its policy interest rate by a quarter of a percentage point. It marked the second consecutive time the central bank cut its key interest rate in the face of slowing inflation and weakening economic conditions. (July 24, 2024)

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Unique identifier: CP215126945

Legacy Identifier: b_BOC-Interest-Rate20240724T1400

Type: Video

Duration: 1m14s

Dimensions: 1920px × 1080px 121.35 MB

Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE.

Create Date: 7/24/2024 2:00:00 PM

Display aspect ratio: 16:9