Canada's economic slowdown spurs rate cut speculation | Republic World
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Published 20:20 IST, April 30th 2024

Canada's economic slowdown spurs rate cut speculation

Gross domestic product (GDP) in Canada grew by only 0.2% in February, lower than forecasted figure, with expectations of continued muted growth in March.

Reported by: Business Desk
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 Canada: In early December, the Bank of Canada retained its benchmark rate at a 22-year high of 5 per cent, leaving room for another hike.
Gross domestic product (GDP) in Canada grew by only 0.2 per cent in February | Image: Pexels
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20:20 IST, April 30th 2024

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