Bank of Canada holds interest rate steady again at 4.5{dec8eed80f8408bfe0c8cb968907362b371b4140b1eb4f4e531a2b1c1a9556e5}
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. The bank’s move was widely anticipated by economists, because the bank had telegraphed its intention to hit pause on rate hikes after raising them eight times between March 2022…