Cond. Pause Over? Brace for Interest Rate Hike from Bank of Canada
The Bank of Canada is keeping its key interest rate at 0.25% as the country recovers from the impacts of the COVID-19 pandemic. The bank has decided to hold the overnight rate steady, which is the rate used by financial institutions to lend to each other. #BankOfCanada #InterestRates #COVID19 🤝💵 El Banco de Canadá mantiene su tasa de interés clave en el 0,25 % mientras el país se recupera de los impactos de la pandemia de COVID-19. El banco ha decidido mantener la tasa de interés overnight sin cambios, que es la tasa que utilizan los instituciones financieras para prestarse entre sí. #BancoDeCanadá #TasasDeInterés #COVID19 🤝💵
