Canada central bank maintains key lending rate at 1.75% | 2019-01-10 | daily-sun.com

Canada central bank maintains key lending rate at 1.75%

AFP     10th January, 2019 12:52:36 printer

Canada central bank maintains key lending rate at 1.75%

Canada's central bank on Wednesday maintained its key lending rate at 1.75 percent, citing a continued slowing of the global economy and fears over a US-China trade war.

 

The Canadian economy, the Bank of Canada said in a statement, "has been performing well overall," but it forecast it will grow by only 1.7 percent this year, or 0.4 percentage points slower than in its October outlook.


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