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As widely anticipated, the BOC dropped interest rates by 25 basis points today. Inflation is currently at 2.5%, but June and July CPI were really soft (durable goods experienced the largest contraction since April 2021), indicating the economy is weakeni

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As widely anticipated, the BOC dropped interest rates by 25 basis points today. Inflation is currently at 2.5%, but June and July CPI were really soft (durable goods experienced the largest contraction since April 2021), indicating the economy is weakeni

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