Bank of Canada keeps rate steady.

Global Banking News-October 26, 2023--Bank of Canada keeps rate steady

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Global Banking News - 26 October 2023

Bank of Canada has kept its rates steady.

The apex bank has kept its rate at 5 percent. In a statement, the bank said that it could raise rates in the future if there is a need. It said that higher interest rates seem to be influencing the economy.

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