OTTAWA — The Bank of Canada on Wednesday
maintained its key interest rate at one per cent, confirming expectations that the bank would hold off on further rate hikes amid slackening economic data.
OTTAWA — The Bank of Canada is
maintaining its key interest rate at one per cent, where it's been for more than three years during a weak economic recovery from the last recession.
Not exact matches
Given historically low long - term
interest rates, the government has considerable fiscal flexibility to undertake
key public investments, while
maintaining a falling debt to GDP ratio.
The Bank of Japan
maintained its
key policies — a negative
interest rate at -0.1 % and the use of asset purchase programs to boost the economy.
The decision to
maintain the
rate was widely anticipated by experts and came ahead of an announcement next week by the U.S. Federal Reserve, which is expected to raise its
key interest rate.
The
key here is to get out of the habit of
maintaining a balance, but if it's not possible, then make sure you stick with low
interest rate offers beyond the intro period.
Key Highlight: • Thrived to achieve company goals by
maintaining equilibrium between
interest rates and profit per vehicle.