Citing the outlook for the economy and inflation, the Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged.The Bank of Canada held its target for the overnight rate at 5 percent, with the bank rate at 5.25 percent and the deposit rate at 5 percent. The Canadian central bank is also continuing its policy of quantitative tightening.The decision to leav...
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.