Financial MarketsBank of CanadaUpdated 3 days ago

Bank of Canada Maintains Interest Rate Amid Economic Uncertainty

The Bank of Canada has kept its overnight interest rate at 2.25%, reflecting uncertainty about future rate changes. Officials are cautious about predicting whether the next move will be a cut or an increase, citing volatile economic data and trade-policy concerns. The decision underscores the resilience of the economy despite ongoing challenges.

Related Articles (3)
Bank of Canada uncertain about next rate move amid trade concerns
NeutralFinancial Markets
The Bank of Canada has maintained its overnight interest rate at 2.25%, reflecting uncertainty about whether the next move will be a rate cut or an increase. This decision comes amid ongoing evaluations of the economic landscape, which has shown resilience despite various challenges.
Bank of Canada Officials Unsure on Future Direction of Rates, Minutes Say
NeutralFinancial Markets
Bank of Canada officials expressed uncertainty regarding the future direction of interest rates, as indicated in recent minutes. Policymakers are reluctant to predict whether the next change will be an increase or a decrease, citing volatile economic data and elevated trade-policy uncertainty. The overnight interest rate remains unchanged at 2.25%.
Bank of Canada Uncertain If Next Rate Move Will Be Cut or Hike
NeutralFinancial Markets
The Bank of Canada has decided to maintain the overnight interest rate at 2.25%, reflecting uncertainty about whether the next move will be a rate cut or an increase. This decision comes amid ongoing evaluations of the economic landscape, which has shown resilience despite various challenges.

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