Home / Business / Bank of Canada holds key interest rate at 5% again, saying it’s still too soon for rate cuts

Bank of Canada holds key interest rate at 5% again, saying it’s still too soon for rate cuts

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

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.

*****
Credit belongs to : www.cbc.ca

Check Also

Conservative Gulf brews first local beer

ABU DHABI – Inside his Abu Dhabi gastro pub, Chad McGehee inspects shiny steel tanks …