Bank of Canada holds rate at 2.25%, warns on U.S.-Canada trade conflict
Bank of Canada left its main interest rate unchanged at 2.25%. It warned escalating U.S.-Canada trade conflict could stifle a nascent rebound and add to inflation.
By Paul VieiraOTTAWA--The Bank of Canada on Wednesday left its main interest rate unchanged at 2.25%, and said the escalating trade conflict between the U.S. and Canada threatens to stifle a nascent rebound and add to inflation.The move was widely expected, according to a Wall Street Journal survey…