MNI BRIEF: Text Of BOC Interest-Rate Decision

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Oct-29 13:45By: Lovena Patandin
Bank of Canada

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"The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. With the effects of US trade actions on economic growth and inflation somewhat clearer, the Ba...