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    Newsroom Ready: Bank of Canada holds key rate steady at five per cent, says too early to cut
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    Placeline/People
    City Ottawa
    State Province Ontario
    Country Canada

    Bank of Canada holds key rate steady at five per cent, says too early to cut

    The Bank of Canada held its key interest rate steady at five per cent, arguing it is still too soon to start lowering rates. The central bank announced its interest rate decision as economists widely expected no change in the policy rate. (March 6, 2024) 
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    Information
    Source name: 
    The Canadian Press
    Unique identifier: CP170178724 
    Legacy Identifier: b_BoC-KeyRate20240306T1345 
    Type: Video 
    Duration: 1m44s 
    Dimensions: 1920px × 1080px     219.39 MB 
    Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
    Create Date: 3/6/2024 1:45:00 PM 
    Display aspect ratio: 16:9 
    Tags
    bank
    Bank of Canada
    banking
    business
    business and finance
    central bank
    economy
    finance
    interest
    interest rate
    key rate
    news
    policy