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    Placeline/People
    City Vaughan
    Country Canada

    Newsroom Ready: Poloz says slow first-quarter growth behind holding interest rate

    The Bank of Canada is citing “softness” in the economy, as it held its benchmark interest rate steady at 1.25 per cent on Wednesday. Bank governor Stephen Poloz says rates are still likely to rise over time to manage inflation. 
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    Information
    Source name: 
    The Canadian Press
    Unique identifier: CP12104750 
    Legacy Identifier: r_BoC-Rate20180418T1400 
    Type: Video 
    Duration: 2m3s 
    Dimensions: 1280px × 720px     152.05 MB 
    Create Date: 4/18/2018 2:00:00 PM 
    Display aspect ratio: 16:9 
    Tags
    1.25 per cent
    Bank of Canada
    Bank of Canada governor
    benchmark interest rate
    Canada economy
    interest rate
    key lending rate
    overnight rate
    Stephen Poloz