• 11/27/2024

Bank of Canada Holds Rates Steady as Economy Shifts Into Weaker Period

Wall Street Journal

The Bank of Canada held its main interest rate steady at 5% after back-to-back rate rises in June and July, saying the economy has shifted into a weaker phase and labor-market pressures have eased.

https://www.wsj.com/articles/bank-of-canada-holds-rates-steady-as-economy-shifts-into-weaker-period-6772fd3e