Bank of Canada interest rate decision coming on Wednesday amid rate cut speculation

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Bank Of Canada News

Lending Rate,Statistics Canada,Financial Markets

OTTAWA — The Bank of Canada will announce its latest interest rate decision on Wednesday amid speculation that the central bank might start to cut rates.

On balance, financial markets expect the bank to cut its key lending rate by a quarter of a percentage point, but the view is by no means universal, with some expecting it to wait.

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