canada central bank maintains key lending rate at 1
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Canada central bank maintains key lending rate at 1%

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Arab Today, arab today Canada central bank maintains key lending rate at 1%

Canada's central bank
Ottawa (Canada) - AFP

Canada's central bank maintained its key lending rate at one percent Wednesday, saying it weighed global uncertainties against a stronger economy pushing up inflation.

The bank predicted inflation would rise to two percent in the second half of 2018, but also noted a strengthening Canadian dollar and "substantial uncertainty about geopolitical developments and fiscal and trade policies" in its decision.

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