The Bank of Canada is maintaining the interest rate at 1.75% as of December 2019. The bank has confirmed that there are ongoing trade conflicts and uncertainty are preventing business investment, trade, and global growth in Canada. 🇨🇦🗞️
The global economy is stabilizing and economic growth is expected to increase over the next couple of years. The next interest rate announcement is January 22nd.. Stay Tuned! 👀🗞️ .
To learn more about the Bank of Canada’s decision visit https://bit.ly/2DN7WPo
The scheduled dates for the interest rate announcements for 2020 are as follows:
- Wednesday, January 22
- Wednesday, March 4
- Wednesday, April 15
- Wednesday, June 3
- Wednesday, July 15
- Wednesday, September 9
- Wednesday, October 28
- Wednesday, December 9
