Write For Us

How Bank of Canada holding key interest rate steady at 5% impacts Canadians

Sponsored Post Vitamin D2 Canada Persia
15 Views
Published
Canada’s central bank is holding its benchmark interest rate steady at five per cent for the sixth straight decision, amid signs that inflation is easing.

This policy rate informs lending on key products like Canadian mortgages.

Global’s Anne Gaviola has more on why at least one economist says a June rate cut should be in the cards, or Canada’s economy risks getting left behind.

For more info, please go to https://globalnews.ca/news/10413855/bank-of-canada-interest-rate-april-2024/

Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #BankofCanada #Canada
Category
U.S. & Canada
Tags
global news, business, business matters
Sign in or sign up to post comments.
Be the first to comment