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Bank of Canada keeps interest rate unchanged

India Blooms News Service | @indiablooms | Mar 07, 2019, at 05:21 pm

#BankofCanada #Canada

Ottawa, Mar 7 (Xinhua) Canada's central bank on Wednesday kept its benchmark interest rate unchanged at 1.75 per cent and pointed to "increased uncertainty" about the timing of future rate hikes.

The Bank of Canada raised the interest five times since July 2017.

However, the interest has been kept at 1.75 per cent since Oct 2018.

Image Credit: Bank of Canada Facebook

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