News
Bank of Canada Holds Interest Rate at 2.25% as Economy Shows Signs of Improvement
11+ hour, 40+ min ago (369+ words) The Bank of Canada has kept its key policy rate unchanged at 2.25%, saying the current level remains suitable as economic growth resumes and inflation begins to settle. Credit: Bank of Canada The Bank Rate remains at 2.5%, while the deposit rate…...
Bank of Canada Holds Rate at 2.25% as GDP Slips and Inflation Rises
1+ mon, 5+ day ago (261+ words) The Bank of Canada kept its policy rate unchanged at 2.25%, choosing caution as global pressures complicate the inflation picture. The Bank Rate remains 2.5%, while the deposit rate is 2.20%. Credit: Bank of Canada The decision comes as the Middle East conflict…...