Bank of Canada

Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments

Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments

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Bank of Canada Begins G-7 Monetary Easing Cycle, Trimming Benchmark Rate 25 Basis Points

Bank of Canada Begins G-7 Monetary Easing Cycle, Trimming Benchmark Rate 25 Basis Points

As expected, the Bank of Canada Wednesday morning cut its benchmark overnight rate by 25 basis points to 4.75%.

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