Bank of Canada cuts key interest rate to 4.75%

'We've come a long way in the fight against inflation,' said BOC governor Tiff Macklem

https://www.cbc.ca/news/business/bank-of-canada-key-interest-rate-june-5-1.7225076
Bank of Canada cuts key interest rate to 4.75% | CBC News
The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank's first rate cut since March 2020.