Bank of Canada holds key interest rate at 5%

Bank of Canada holds key interest rate at 5% | CBC News ...Middle East

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Business·New The Bank of Canada has held its key interest rate at five per cent for the sixth consecutive time since July. Most economists expecting a first rate cut in June Jenna Benchetrit · CBC News · Posted: Apr 10, 2024 9:49 AM EDT | Last Updated: 12 minutes ago Central bank governor Tiff Macklem is seen walking outside the Bank of Canada building in Ottawa in 2020. (Blair Gable/Reuters) The Bank of Canada has held its key interest rate at 5 per cent for the sixth consecutive time since July. The central bank said that, while inflation is still too high, its preferred core inflation measure has eased up in recent months. It will be looking for evidence

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Bank of Canada holds key interest rate at 5% | CBC News ...Middle East

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