OTTAWA—The Bank of Canada kept its key interest rate unchanged and said a broad improvement in domestic economic activity has reinforced its view that a slowdown that began in late 2018 was temporary. The central bank’s decision to leave its interest rate steady at 1.75% comes against a backdrop of a global outlook facing fresh risks because of an escalation in the U.S.-China trade row.

Source: Wall Street Journal May 29, 2019 14:44 UTC