Interest rate remains the same — for now
Posted on Apr 10, 2024
Economists across the country are waiting for the Bank of Canada shoe to drop and send the interest rate down from the 5 per cent it has been for 10 months. Now it appears that will happen on June 5.
The just-announced decision to leave the rate unchanged brought this response from BNN Bloomberg’s Paul Bagnell, in an interview on CTV:
“In the subtle...