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Placeline/People

City Vaughan

Country Canada

Poloz says slow first-quarter growth behind holding interest rate

The Bank of Canada is citing “softness” in the economy, as it held its benchmark interest rate steady at 1.25 per cent on Wednesday. Bank governor Stephen Poloz says rates are still likely to rise over time to manage inflation.

Source name:

Unique identifier: CP12120168

Legacy Identifier: n_BoC-Rate20180418T1400

Type: Video

Duration: 2m10s

Dimensions: 1280px × 720px 152.43 MB

Create Date: 4/18/2018 2:00:00 PM

Display aspect ratio: 16:9