6 Dec

Bank of Canada Holds The Overnight Policy Rate Steady at 5%

General

Posted by: Jonathan Silveira

The Bank of Canada decided to keep interest rates unchanged, which was widely expected. They’re selling some government assets to balance their finances. In their statement, the Bank mentioned that higher interest rates are making people spend less, affecting economic growth. They also noticed that the job market isn’t as strong as before. While wages […]

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