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Bloomberg reports that the Bank of Canada cut its benchmark overnight interest rate by 25 basis points for the second consecutive meeting, lowering it to 2.25%, the lowest level since July 2022. Governor Tiff Macklem stated the move addresses ongoing economic damage from U.S. tariffs, but current rates are “basically appropriate,” with no further changes planned if the economic outlook remains on track. https://t.co/K9SyguJBAw ...