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.
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.
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