Central bank hikes benchmark rate despite trade ‘uncertainty’

23 views · Published 11 July 2018 · 2:15 · Indexed 25 September 2026

Channel: NEWS 1130 · 2018 · News & Politics

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Bank of Canada Governor Stephen Poloz says U.S. tariffs and Canadian countermeasures have made trade-related uncertainty “more real.” The central bank raised its benchmark interest rate to 1.5 per cent on Wednesday.

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