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flag Bank of Canada cuts interest rates to 2.75% due to uncertainty from US tariffs.

flag The Bank of Canada likely would have kept interest rates steady at 3% in March if not for the uncertainty caused by US tariffs. flag The central bank cut rates to 2.75% due to weakened business and consumer confidence from tariff threats. flag The next rate decision is scheduled for April 16, with the bank taking a cautious approach due to unpredictable trade policies.

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