🚨🇨🇦 Urgent: The Bank of Canada announced a reduction in interest rates by 25 basis points, which reduced the interest rate to 4.75%.
🚨🇨🇦Canadian CPI inflation fell to 2.7% in April.
🚨🇨🇦 The head of the Bank of Canada said it is reasonable to expect further cuts in interest rates if inflation continues to slow.