Bank of Canada announces rate- January 18, 2017
[Source: The Canadian Press, January 18, 2017] The Bank of Canada is holding its benchmark interest rate at 0.5 per cent and providing a deeper assessment of the risks associated with the big economic unknowns of a Trump presidency. The central bank is keeping its key interest rate in place with the Canadian economy showing signs of improvement but it also warns of the significant uncertainty tied to potential policy changes by the United States, its largest trading partner. This is the [...]