Economy
Central bank holds rates and trims its growth projection
OTTAWA — by Layla Haddad ·
The benchmark rate was left unchanged, matching the consensus in this illustrative dataset.
The accompanying statement trimmed the annual growth projection by two tenths of a percentage point.
The currency softened modestly as markets interpreted the downgrade as a mild dovish tilt.
Related stories
Risk disclaimer
Economies.com provides financial news and analysis for information purposes only. All articles published on this portal reflect the personal opinion of the analyst who wrote them and must not be treated as an incitement, recommendation or solicitation to trade any instrument. Rates, prices and levels quoted across the site are indicative only and may differ from executable market prices. Trading leveraged products carries a high level of risk to your capital. Visitors should consult an independent, licensed financial advisor before making any investment decision.