UPDATE 1-Bank of Canada holds rates, says economy is resilient

Bank of Canada Governor Tiff Macklem acknowledged recent positive developments in the economy but cautioned that challenges persist, leading to an expectation of fairly modest growth moving forward. This assessment reflects a careful analysis of current economic indicators.

The Bank of Canada has decided to keep its key policy interest rate unchanged, reflecting a cautious approach amid ongoing economic evaluations. This decision aligns with the central bank's assessment of the current economic resilience, which has been a focal point in recent discussions regarding monetary policy.

The Bank of Canada governor has reported that the economy is demonstrating resilience, which has led to the decision to maintain current interest rates. This announcement reflects ongoing confidence in the economic landscape despite various challenges.

The Bank of Canada has decided to maintain its interest rate at 2.25%, citing ongoing structural adjustments within the economy. This decision reflects the central bank's assessment of current economic conditions and aims to provide stability amid changing market dynamics.

The Bank of Canada has decided to maintain its benchmark lending rate at 2.25% in its final monetary policy update for 2025, indicating a cautious approach amid ongoing economic evaluations. This decision reflects the central bank's assessment of current economic conditions and the resilience of the economy despite various challenges.

The Bank of Canada is anticipated to maintain its key interest rate at 2.25% during the upcoming announcement, reflecting a cautious stance amid ongoing economic evaluations and trade uncertainties. Most economists predict this hold will extend through 2026 as inflation risks remain a concern.