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Bank of Canada holds key interest rate at 5% again

The Bank of Canada has held its key interest rate at five per cent again, as economists had expected.

Governor Tiff Macklem to hold news conference explaining rate decision at 10:30 ET.

A building that says Bank of Canada on it.

The Bank of Canada has held its key interest rate at five per cent again, as economists had expected.

ABOUT THE AUTHOR

Jenna Benchetrit - Journalist | CBC

Jenna Benchetrit is a senior writer with the business content unit at CBC News. She has also covered entertainment and education stories. A Montrealer based in Toronto, Jenna holds a master’s degree in journalism from Toronto Metropolitan University. You can reach her at jenna.benchetrit@cbc.ca.

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