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Canada's central bank lowers key interest rate to 2.25% amid slowing growth and persistent inflation.
The Bank of Canada has cut its key interest rate to 2.25%, marking the latest move in a series of reductions amid slowing domestic growth and persistent inflation above its 2% target.
While the central bank signaled that further cuts may be limited, it emphasized a data-dependent approach and left the door open for future adjustments based on economic conditions.
The decision comes amid global trade tensions and financial market volatility, with markets watching closely for signals on future policy direction.
The move could impact borrowing costs for consumers and businesses across Canada.
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El banco central de Canadá baja la tasa de interés a 2.25% en medio de una desaceleración del crecimiento y una inflación persistente.