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Governor of the Bank of Canada Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario.
GZERO North

Know when to hold ‘em

On Wednesday, the Bank of Canada held its key rate unchanged at 5%, noting that the global economy is slowing along with inflation -- just not enough to lower rates. Meanwhile, economists in the United States expect the Fed to hold rates at a two-decade high until summer, if not longer.