Bank of Canada keeps its interest rates unchanged for now !!!

The Bank of Canada is mostly sticking to the same script under new governor Stephen Poloz, maintaining the trendsetting policy rate at the super-low level of one per cent and declaring the monetary stimulus will remain until conditions improve.

Though some analysts had anticipated that the first policy announcement and quarterly economic report since Poloz took charge on June 1 would be an opportunity to set a new course from his predecessor Mark Carney, but there was not much deviation from the past.

Read more about ecomic outlook  !

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