Bank of Canada holds key interest rate at 2.25%

Bank of Canada interest rate
Covered by 7 sources
- Globe and Mail·1d agoBank of Canada holds key rate again at 2.25%
The Bank of Canada held its benchmark interest rate steady again as new U.S. tariffs and the ongoing war in Iran cloud the central bank's outlook.
Read at Globe and Mail → - Globe and Mail Biz·1d agoWith the trade war, the Bank of Canada had no choice but to hold rates
Central bank’s mandate is to keep inflation stable and predictable; its primary tool is adjusting the policy interest rate
Read at Globe and Mail Biz → - iPolitics CA·1d agoBank of Canada holds key rate at 2.25 per cent once again
The Bank of Canada's policy rate remains at 2.25 per cent after a seventh straight hold. The move was widely expected by economists.
Read at iPolitics CA → - CBC Top Stories·1d agoBank of Canada holds key interest rate at 2.25%
This decision marks the seventh consecutive hold by the central bank.
Read at CBC Top Stories → - Bloomberg Economics·2d agoBank of Canada Set to Hold as Trade War Creates New Dilemma for Tiff Macklem
The Bank of Canada is likely to hold borrowing costs steady, as an escalation in the trade war with the US threatens the economic recovery while adding to inflation risks.
Read at Bloomberg Economics →