Bank of Canada holds interest rate steady again at 4.5%

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The Bank of Canada decided to hold its interest rate steady at 4.5 per cent on Wednesday while the impact of its previous rate hikes filters down through the economy.

Social SharingCentral bank had telegraphed its intention to hold rates where they are for a while now

CBC News · Posted: Apr 12, 2023 10:04 AM EDT | Last Updated: 41 minutes ago

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Governor of the Bank of Canada Tiff Macklem will explain the bank’s decision at a press conference later today. (Blair Gable/Reuters)

The Bank of Canada decided to hold its interest rate steady at 4.5 per cent on Wednesday while

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