TSX opens higher as softer inflation boosts rate optimism

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(Reuters) – Canada’s main stock index rose on Tuesday after the surprise fall in domestic headline inflation in February raised hopes of early interest rate cuts by the Bank of Canada.

At 9:30 a.m. ET (13:30 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 21.41 points, or 0.1%, at 21,858.59.

(Reporting by Shubham Batra in Bengaluru; Editing by Vijay Kishore)

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