Central bank holds rate, notes ‘increased uncertainty’ on timing of future hikes

OTTAWA — The Bank of Canada is leaving its key interest rate unchanged and is pointing to increased uncertainty about the timing of future rate hikes following the economy’s abrupt deceleration in late 2018. The central bank’s trend-setting interest rate is staying at 1.75 per cent for a third-straight policy announcement — a stretch that comes after governor Stephen Poloz introduced five rate hikes between […]