Bank rate stands pat... for now.
May 28th, 2016
Bank of
Canada Interest Rate Announcement - May 25, 2016
The
Bank of Canada announced this morning that it is maintaining its overnight rate
at 0.5 per cent. In the press release accompanying the decision, the Bank cited that inflation and economic growth
were evolving roughly in-line with expectations, though household vulnerability
to economic shocks has moved higher due to ...