BANK OF CANADA CUTS INTEREST RATES FOR THIRD CONSECUTIVE MEETING

BANK OF CANADA CUTS INTEREST RATES FOR THIRD CONSECUTIVE MEETING
BANK OF CANADA CUTS INTEREST RATES FOR THIRD CONSECUTIVE MEETING

The Bank of Canada lowered interest rates by 0.25% on Wednesday.

This is the third time in a row the bank has reduced rates.

The new key interest rate is now 3.00%, down from 3.25%.

Markets had expected this rate cut.