The Bank of Canada is holding its benchmark interest rate at 5.0 per cent, a level not seen since April 2001. The central bank’s last hike was in July. Mackenzie Gray explains why the BoC is holding steady for now, what this says about the economy, and why some experts aren’t banking on another hike soon.
Global National
Why Bank of Canada is keeping its key interest rate – for now
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Global National: May 16
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