OTTAWA—The Bank of Canada is widely expected to keep its main interest rate on hold at a policy announcement Wednesday in the face of weak domestic growth and widespread uncertainty about the global outlook. Economists from 10 primary dealers of Canadian government securities told The Wall Street Journal they anticipate the Bank of Canada will keep its benchmark overnight interest rate at 1.75% this week. One dealer, HSBC Bank Canada, didn’t participate in the Journal’s survey.
Source: Wall Street Journal March 05, 2019 14:37 UTC