Bank of Canada to slash rates by another 50 bps on Dec. 11: Reuters poll

Bank of Canada to slash rates by another 50 bps on Dec. 11: Reuters poll

The Bank of Canada is expected to cut interest rates by 0.5% on Dec. 11 due to a sharp rise in unemployment. Most economists predict this move, despite some concerns that it may not be the best policy choice given recent economic improvements.

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