The Bank of Canada is scheduled to make its next decision about interest rates on Dec. 10, which will be its last chance this year to move the rates up, cut them, or hold them steady.
Most economists are expecting the central bank to hold its benchmark interest rate at 2.25 per cent after several mostly positive reports on the economy and job market, although another cut is still possible.
“So far, all that we’ve seen on the economic data is that it’s coming in a bit stronger, if anything, than the Bank of Canada was projecting. So I think that definitely cements a hold at this meeting,” says Claire Fan, a senior economist at Royal Bank of Canada.
Central bankers meet eight times per year to discuss monetary policy and provide an update to benchmark lending rates. This essentially s

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