Breaking News | Bank of Canada holds interest rate as it ponders timing of next hike – Canadian Bus

Breaking News | Bank of Canada holds interest rate as it ponders timing of next hike - Canadian Bus
Breaking News | Bank of Canada holds interest rate as it ponders timing of next hike – Canadian Business – Your Source For Business News
Breaking News | Bank of Canada holds interest rate as it ponders timing of next hike – Canadian Business – Your Source For Business News

The central bank stuck with its benchmark interest rate of 1.25 per cent Wednesday as it continued along a careful process of determining the appropriate juncture for its next hike. “Governing council has agreed that, over time, the economy would appear to be warranting higher interest rates _ our uncertainty is about how much and at what pace,” governor Stephen Poloz told a news conference that followed his latest rate announcement. “For us, the case is clear _ interest rates are very low consi…

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Breaking News | Bank of Canada holds interest rate as it ponders timing of next hike – Canadian Bus