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.
![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.](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/Canada-170279649734216_9.webp)
Gross domestic product (GDP) in Canada grew by only 0.2 per cent in February | Image:
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20:20 IST, April 30th 2024