February 04, 2026 01:16 am (IST)
Bank of Canada keeps interest rate unchanged
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
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Punjabi Devils founder busted: Stockton Gang leader pleads guilty in US in machine gun case
Tue, Feb 03 2026
Alberta separatist group confirms U.S. meetings, declines to name Trump-era officials
Mon, Feb 02 2026
Epstein Files shocker! Zohran Mamdani’s mother Mira Nair mentioned in latest tranche
Sat, Jan 31 2026
Bill Gates contracted STD after sex with Russian women? Epstein Files make explosive, unverified claims
Sat, Jan 31 2026
US grand jury charges Indian man in cross-border smuggling scheme
Sat, Jan 31 2026
