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Royal Bank of Canada cuts prime rate to 4.95%, following Bank of Canada's lead
financialpost.com/fp-finance/banking/rbc-reduce-prime-rate-after-bank-of-canada-cut-2
Royal Bank of Canada announced Wednesday it would cut its prime rate, following the lead of the Bank of Canada.
The bank said it would decrease the prime rate by 25 basis points from 5.20 per cent to 4.95 per cent just hours after Canada’s central bank cut its interest rate by a quarter…
This story appeared on financialpost.com, 2025-03-12 18:40:25.