Canada central bank maintains key lending rate at 1%

The Canda Central bank announced on December 3, 2014 it will leave the key lending rate unchanged at 1%Canada’s central bank held its key lending rate at one percent on Wednesday, saying an uptick in the US economy is boosting exports but lower oil prices will be a drag on the economy. The Bank of Canada has maintained the near-record low rate for the past four years.

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