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Bank of Canada likely to lead the U.S. Fed in rate cuts

By Inquirer - 8 months ago
OTTAWA  — The Bank of Canada (BoC) is likely to move ahead of the U.S. Federal Reserve on its first rate cut, as tepid economic growth and cooling inflation are priming up conditions to ease borrowing rates sooner, economists and analysts said. The Canadian central bank may also need deeper cuts in the current cycle,

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