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Bank of Canada Holds Interest Rate Steady at 2.25% Amid Trade Uncertainty
The Bank of Canada has kept its benchmark interest rate unchanged at 2.25 percent, pointing to heightened economic uncertainty driven by ongoing U.S.-Canada trade disputes. Policymakers indicated they will monitor inflation and growth data closely before making future adjustments.
2 Sept, 13:49 — 2 Sept, 15:03
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cbcHigh2h ago
Bank of Canada holds key interest rate at 2.25%
This decision marks the seventh consecutive hold by the central bank.
Read full article →globe-and-mailHigh1h ago
With 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
By Jeremy Kronick , Steve Ambler
Read full article →Coverage Timeline
First report: svenska-dagbladet · 2 Sept, 06:14|Full coverage: 5 · 9h|Window: 9h
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