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Bank of Canada holds interest rate steady at 5% | CBC News
![Bank of Canada holds interest rate steady at 5% | CBC News 1 Newsdaily1](http://i0.wp.com/en.newsdailyarabic.com/wp-content/uploads/2022/05/Newsdaily1.png?resize=512%2C470&ssl=1)
After raising its benchmark lending rate 10 times since last year, the Bank of Canada has now held the rate steady for two meetings in a row, a sign the central bank may be content to stand on the sidelines for a while.