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BOC cuts rates as Canada-U.S. trade tensions rise

The BOC cut its key interest rate to 2.25% as the threat of U.S. tariffs weigh on the economy. The central bank also said it sees an average tariff rate of six percent on Canadian goods. TD Senior Economist Francis Fong says Canada's economy is continuing to show resilience despite the ongoing tariff tensions. Full video here: https://www.moneytalkgo.com/video/bank-of-canada-cuts-rate-to-2-25-in-second-straight-drop/

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