Canada’s Central Bank Holds Key Lending Rate at 0.25 Percent

Ottawa, Dec 9 (AFP/APP): The Bank of Canada on Wednesday held its key lending rate at 0.25 percent, saying world economies were sharply rebounding from a record plunge, but warned that a second wave could set back recoveries.

The central bank said the rollout of vaccines — the first doses were given in Britain Tuesday — “is providing reassurance the pandemic will end and more normal activities will resume.”

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