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Bank of Canada Holds Rate Laptop
Bank of Canada keeps its key rate at five percent as economists watch for a potential pivot to cuts. Governor Tiff Macklem notes demand now aligns with supply, signaling a gradual shift from hiking to timing of possible rate reductions.
MENTIONED IN THIS ARTICLE
Ottawa
Bank of Canada
Tiff Macklem
Central Bank
Governing Council
Macklem
Royce Mendes
Macro Strategy
Desjardins
Mendes
Canada
Beata Caranci