Bank of Canada

Bank of Canada leaves interest rates unchanged at 1 per cent

The Bank of Canada has left the key overnight interest rate unchanged at one per cent, but signals removal of monetary stimulus may become appropriate.

Governor Mark Carney and the Bank of Canada again maintained interest rates at a stimulus-level 1% Tuesday. However, Mr. Carney’s comments send the clearest and most hawkish signal yet that rates will be moving higher — but precisely when remains to be seen.

Constantine Isslamow

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