Bank of Canada to Hold Rate at 1.0% Tues, Note Darker Scene

There will be no change Tuesday in the Bank of Canada’s more than two-year-old key policy rate of 1.0%, but there will perhaps be a softer tone on when the central bank will feel free to start gradual rate increases, analysts say. The universal opinion among economists is that the BOC will maint…

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Bank of Canada to Hold Rate at 1.0% Tues, Note Darker Scene