June 23, 2026 09:52 am (IST)
Follow us:
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
Inside White House UFC event attack plot: FBI nabs two more suspects
Tue, Jun 23 2026
'You won't make it back to your f***ing country': Trump's fresh threat to Iran clouds peace talks
Mon, Jun 22 2026
"Focus on your own popularity": Meloni fires back at Trump in explosive war of words
Sun, Jun 21 2026
Most Canadians say more support needed to prepare young people for jobs, survey finds
Sat, Jun 20 2026