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Bank of Canada maintains key lending rate at 1.25%

Ottawa (AFP) – Canada’s central bank on Wednesday maintained its key lending rate at 1.25 percent, as growth slows and the prospect of protectionist US trade policies cast a shadow over the global economy.

“Global growth remains solid and broad-based,” the Bank of Canada said in a statement. “However, trade policy developments are an important and growing source of uncertainty for the global and Canadian outlooks.”

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