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Placeline/People

City Ottawa

State Province Ontario

Country Canada

Bank of Canada makes quarter-point rate cut

The Bank of Canada cut its key interest rate by a quarter point on Wednesday, citing stabilized inflation and a stronger economy. Still, it warned that a trade war would be a significant shock to the economy and something the central bank can't fully resolve with changes to interest rates. (Jan. 29, 2025)

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Unique identifier: CP173987650

Legacy Identifier: b_BoC-RateCut20250129T1610

Type: Video

Duration: 1m38s

Dimensions: 1920px × 1080px 88.53 MB

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Create Date: 1/29/2025 4:10:00 PM

Display aspect ratio: 16:9