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This was the seventh interest-rate hike since late 2015, when the Federal Reserve first began lifting interest rates from almost zero. It kept borrowing costs that low after the financial crisis to encourage businesses and consumers to spend and grow the economy.
The Federal Reserve is expected to raise rates, but there's suspense about the rest of 2018.
Get ready for higher rates: Bank of England upgrades growth forecasts and signals hikes are on the way
The Bank of England left its base interest unchanged at 0.5% on Thursday.
The Federal Reserve is widely expected to raise rates at its December policy meeting, making what it signals about future increases more of the focus.
"On the current expectation, I don't expect lower interest rates, but you ask me: 'In case things were to worsen are you ready to lower interest rates?' the answer is 'yes'."
The BOC kept its key interest rate at 0.50%.