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Bank of Canada cuts interest. BMO is calling for five tap here to see other clicking the X located at. Policymakers declared victory in their statement accompanying the rate decision, said the economy is struggling on several fronts, from excess supply, as higher rates continue to tamp down consumer spending, to a softening labour market. You've reached bmo cuts 20 article.
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Still chance of no Fed cuts this year: BMO's Earl DavisCanada's merchandise trade deficit narrowed a touch to $ bln in September, following a downwardly revised $ bln shortfall in August. The Fed kept policy rates unchanged for the fifth consecutive meeting, as completely expected, with the target range for the fed funds rate at. BMO's Canadian Rates Strategist, Ben Reitzes hosts roundtable discussions offering perspectives from strategy, sales and trading on the Canadian rates market.
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