HERE’S WHY NO INCREASE IN THE B of C INTEREST RATE
October 30th, 2019
Bank of Canada Interest Rate Announcement - October 30, 2019
The Bank of Canada held its overnight rate at 1.75 per cent this morning. In the statement accompanying the decision, the Bank noted that ongoing trade conflicts have weakened the global economic outlook, which is expected to drag Canadian economic growth below its potential in the second half of this year. The bank is further p ...