The Zhitong Finance App learned that the Bank of Canada announced on Wednesday that it will keep the benchmark interest rate unchanged at 2.25%. Recent data shows that the Canadian economy is more resilient than expected, but the Bank of Canada said that the current interest rate level is still suitable for dealing with the pressure brought about by the trade war and will help stabilize inflation near the target level.

The Zhitong Finance App learned that the Bank of Canada announced on Wednesday that it will keep the benchmark interest rate unchanged at 2.25%. Recent data shows that the Canadian economy is more resilient than expected, but the Bank of Canada said that the current interest rate level is still suitable for dealing with the pressure brought about by the trade war and will help stabilize inflation near the target level.