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Bank of Canada leaves key interest rate unchanged at a record low

Credit: REUTERS/BLAIR GABLE

The Bank of Canada left its key interest rate unchanged at a record low 0.25% on Wednesday, the central bank said in a statement.

OTTAWA, Oct 28 (Reuters) - The Bank of Canada left its key interest rate unchanged at a record low 0.25% on Wednesday, the central bank said in a statement.

Bank of Canada Governor Tiff Macklem said in July that the rate would stay at 0.25% for at least two years as the economy slowly recovered from the coronavirus pandemic.

(Reporting by David Ljunggren)

((david.ljunggren@tr.com; +1 647 480 7891;))

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