The Bank of Canada has taken an unexpected step by cutting interest rates in a bid to stimulate economic growth. The move comes amid signs that the country's economy is faltering, with concerns about global trade tensions and domestic challenges. The rate cut aims to boost borrowing and spending, but its impact on inflation and overall economic stability remains uncertain.

Source: https://www.ft.com/content/cd9ef4da-0d81-40d2-b8cd-7d1fab89c5dc