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Bank of Canada keeps benchmark rate at 0.5%
The Bank of Canada has opted not to lower or raise its benchmark interest rate, choosing to keep it at 0.5 per cent.
Economists had been expecting the bank to keep its trend-setting target for the overnight rate where it is now. A few believe, however, that another cut might be possible later in the year unless the economic picture improves.
Read the full article here.
The Bank of Canada has opted not to lower or raise its benchmark interest rate, choosing to keep it at 0.5 per cent.
Economists had been expecting the bank to keep its trend-setting target for the overnight rate where it is now. A few believe, however, that another cut might be possible later in the year unless the economic picture improves.
Read the full article here.