The Bank of Canada left its benchmark interest rate unchanged at 5.0 per cent on Wednesday, amid signs of cooling in the economy and easing in inflation. "We don't want to cool the economy more than necessary, but we don't want Canadians to have to continue to live with an elevated inflation, either. And we cannot let high inflation become entrenched in the economy," Bank of Canada governor Tiff Macklem said.
Bank of Canada holds interest rate as economy weakens, inflation cools | Watch News Videos Online - Global News
Read More
No comments:
Post a Comment