Bank Of Canada Interest Rate Decision 2.25% Vs 2.25% Prior (Unchanged)
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Why It Matters
Canada's central bank kept interest rates the same at 2.25%, meaning borrowing money will cost the same as before. When rates stay put, it tells you the bank thinks the economy is doing okay—not so hot that they need to cool it down, but not so weak that they need to help it along.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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