The Bank of Canada has maintained its key interest rate at five per cent.



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Canada's key interest rate holds at 5%

The Bank of Canada has maintained its key interest rate at five per cent.

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The Bank of Canada has held its key interest rate at five per cent for the sixth consecutive time since July, saying it will be looking for signs that slowing inflation is sustained before moving on rate cuts.

Ad Fontes Media

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Government of Canada

Bank of Canada holds key interest rate at 5%, says things moving in right direction

Reuters

The Woodbridge Company

United Kingdom

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The Bank of Canada has today held its key lending rate at 5%, saying it is looking for signs that falling inflation will stick before it begins to cut rates.

RTÉ

Government of Ireland

Ireland

Canada central bank holds key lending rate at 5%

Bank of Canada held its key interest rate at five per cent Wednesday, as widely expected. 

Financial Post

Leon Cooperman

Allianz

Bank of Canada holds interest rate at 5%

The Bank of Canada is holding its benchmark interest rate at 5 percent for the sixth consecutive time since July, saying it needs to see evidence that “downward momentum” in inflation is sustained before it will cut rates.
Although inflation remains high and “risks remain,” the central bank said it has begun to see the economic conditions necessary to convince it to drop interest rates.
Economic data since the beginning of the year has boosted t…

The Epoch Times

Epoch Media Group

New York

United States

Bank of Canada Holds Key Interest Rate at 5 Percent

OTTAWA — Bank of Canada governor Tiff Macklem says the central bank could begin lowering its key interest rate at its next decision in June after deciding to hold it steady for now.

Coast Reporter

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Sechelt

Sunshine Coast

British Columbia

Macklem says interest rate cut in June possible after holding policy rate once again

OTTAWA -- The Bank of Canada kept its key interest rate at five per cent Wednesday and said that it's begun to see the economic conditions necessary to lower interest rates.

Toronto Sun

Toronto

Ontario

BoC holds key interest rate at 5%, signals that it’s inching closer to rate cuts

Sask Today

OTTAWA, Canada — The Bank of Canada on Wednesday held its key lending rate at 5 percent, saying it is looking for signs that falling inflation will stick before it begins to cut rates. “While inflation is still too high and risks remain, CPI (Consumer Price Index) and core inflation have eased further in recent

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Canada's key interest rate holds at 5%

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