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Bank of Canada Governor Michael McCallum said that U.S. tariffs could put downward pressure on Canadian energy prices, reducing the profitability of producers.

Bank of Canada Governor Michael McCallum said that U.S. tariffs could put downward pressure on Canadian energy prices, reducing the profitability of producers.

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Traders are lowering their bets on a rate cut by the Bank of England in May to a 60% chance, up from 70% previously.

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