Bank of Canada cuts key interest rate further to 4.5%

0 0
Read Time:47 Second
Business·New

The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, a move that was widely expected by economists.

Move was widely expected by economists

A photo of a white stone building, taken from a very low angle. The sign reads 'Bank of Canada.'
The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, a move that was widely expected by economists. (Benoit Roussel/CBC)

The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, a move that was widely expected by economists.

More to come.

ABOUT THE AUTHOR

Jenna Benchetrit is a senior writer with the business content unit at CBC News. She has also covered entertainment and education stories. A Montrealer based in Toronto, Jenna holds a master’s degree in journalism from Toronto Metropolitan University. You can reach her at [email protected].

Corrections and clarifications|Submit a news tip|

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post Scientists monitor the Outaouais’ bat population to fight back against white-nose syndrome
Next post Shigella outbreak hits Calgary shelters and encampments, sending 16 to hospital