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  • Canada's central bank on Wednesday held its key lending rate at 0.25 percent, saying the economic recovery still needs a boost despite an unexpected recent uptick leading to improved forecasts. The Bank of Canada said the Canadian economy proved "to be more resilient than anticipated to the second wave of the (Covid-19) virus and the associated containment measures." The bank now expects growth in the first quarter to be positive rather than negative as it had forecast in January. amc/dw
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  • Canada's central bank holds key lending rate at 0.25%
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