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BoC's Poloz - Bank would have cut interest rates anyway due to oil shock

Eamonn Sheridan
16/04/2020 | 21:10 GMT

Earlier: BOC Gov Poloz reaffirms substantial monetary stimulus is needed

More now - Poloz says the Bank of Canada would have cut rates by at least 100bps even without the coronavirus impacts, due to the oil price shock

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