Bank of Canada Holds Key Interest Rate at 5%

The Bank of Canada is holding its key interest rate at 5 per cent, saying it needs to see sustained slowing of inflation before it will cut the rate. It is not ruling out a June cut.Trump is booted off Bloomberg’s Billionaire list after Truth Social stock price divesLetitia James is not done with Donald Trump. Now she wants to know if he withheld evidence in her fraud case.

California passed Proposition 1 allocating billions for homeless housing and mental health care as Florida Gov. Ron DeSantis signed into law House Bill 1365, prohibiting municipalities from allowing people to sleep or camp in public places.

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Bank of Canada holds its key interest rate at 5 per centThe Bank of Canada held its policy rate at 5 per cent on Wednesday, saying it needs to see a sustained decline in inflation before rate cuts can begin.
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Bank of Canada holds key interest rate at 5%Central bank governor Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ont., on June 22, 2020.
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Bank of Canada holds key interest rate steady in 6th straight decisionThe Bank of Canada maintained its key interest rate at five per cent on Wednesday amid recent declines in the annual rate of inflation.
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Canada's key interest rate holds at 5%The Bank of Canada has maintained its key interest rate at five per cent.
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India Central Bank Holds Key Rate as Inflation Risks PersistIndia’s central bank left its benchmark interest rate unchanged for a seventh straight policy meeting as warnings of a coming heat wave renewed fears of an inflation spike.
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Bank Of Canada Holds Interest Rate At 5% For Sixth TimeZakiya is a staff writer with STOREYS. She has reported on real estate for Apartment Therapy, Curbed, and Post City Magazines. She also writes a quarterly series for a Canadian design publication.
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