rate

Global News: Bank of Canada leaves key interest rate unchanged at 1.75% – March 6, 2019

As widely expected by economists and investors, the Bank of Canada left its trend-setting interest rate unchanged at 1.75 per cent, Global News/ Fergal Smith-Reuters Full Article: https://globalnews.ca/news/5025942/bank-of-canada-interest-rate-unchanged-1-75/ The Bank of Canada (BoC) is keeping its key interest rate target on hold at 1.75 per cent on Wednesday, citing concerns about the global...

Bank of Canada interest rate unchanged

The Bank of Canada signalled Wednesday it expects to stick to its rate-hiking path, although at perhaps a more-tentative pace   The Bank of Canada left its benchmark interest rate unchanged Wednesday after raising it twice since the summer — but it signalled that future hikes are likely on the horizon. In its scheduled announcement, the central bank said it held off this time in part...