OTTAWA - Officials at the Bank of Canada were seemingly unfazed by economic weakness to start the year as they debated where to take the policy interest rate earlier this
OTTAWA - Officials at the Bank of Canada were seemingly unfazed by economic weakness to start the year as they debated where to take the policy interest rate earlier this month.
The central bank today released a summary of the deliberations that led its governing council to hold the policy rate steady at 2.25 per cent for a fifth consecutive time on June 10.
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Weak economy, rising inflation presented a dilemma for Bank of Canada's latest rate setting decision, deliberations show
Bank of Canada holds rate at 2.25% for fifth straight meeting as deliberations go public
Bank of Canada to hold on rates as 33% gas inflation masks weak economy, say economists
The central bank is widely expected to deliver a fifth consecutive hold to its benchmark rate, which stands at 2.25 per cent.
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