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May 19, 2024
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Business

Bank of Canada keeps key interest rate on hold

OTTAWA — The Bank of Canada is keeping its key interest rate target on hold at 0.25 per cent.

The central bank made the decision as it says the country’s economy won’t fully recover what was lost to COVID-19 until 2022, with the road to there dependent on the path of the pandemic.

More to come…

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/bank-of-canada-keeps-key-interest-rate-on-hold-1.5163950

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