Canada central bank maintains key lending rate at 1%
Canada central bank maintains key lending rate at 1%
Ottawa - Al Maghrib Today
Canada's central bank maintained its key lending rate at one percent Wednesday, saying it weighed global uncertainties against a stronger economy pushing up inflation.
The bank predicted inflation would rise to two percent in the second half of 2018, but also noted a strengthening Canadian dollar and "substantial uncertainty about geopolitical developments and fiscal and trade policies" in its decision.
Source: AFP
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