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International Business Times
International Business Times
Business
AFP News

BIZARRE: Canada maintains key interest rate at 5 - You Need To See This

Canada Bank of Canada Inflation Governing Council
The Bank of Canada has maintained its key interest rate at five percent (Credit: AFP)

Canada's central bank on Wednesday held its key lending rate at five percent, citing the global economic slowdown and easing inflation.

But the Bank of Canada nevertheless left the door open to eventual fresh rate hikes, saying it was "still concerned about risks" to the outlook for prices down the road.

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