Wednesday's decision to hold the current rate came with a warning.
Seven months after halting the Bank of Canada’s campaign of cutting interest rates, the bank’s governor, Tiff Macklem, must be getting impatient to finish the job of reducing borrowing costs for mortgagors, consumers and businesses.
Yet in its latest rate-setting announcement, on Wednesday, the bank held its policy rate unchanged at 2.25 per cent, once again delaying further interest rate relief.
Bank of Canada holds rates at 2.25% as Governor Macklem downplays recession fears
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Bank of Canada holds rates at 2.25%, sees limited inflation spillover from energy prices
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Bank of Canada keeps key interest rate at 2.25% | CBC News
Bank of Canada holds interest rate steady at 2.25% as bonds rally on economic weakness
Statu quo attendu à la Banque du Canada
Bank of Canada holds interest rates: Read the official statement
Bank of Canada holds its policy rate at 2.25% as Governor Tiff Macklem downplays recession fears despite a 1.6% GDP contraction…
Economists expect the Bank of Canada to hold its benchmark interest rate steady for the fifth straight time when it meets…
The central bank is widely expected to keep the policy rate unchanged for the fifth time in a row.
Economists anticipate the Bank of Canada will hold key interest rate steady, awaiting clearer data amid a technical recession and…
The Bank of Canada held its policy interest rate at 2.25 per cent Wednesday, its fifth consecutive pause. Read more
The Bank of Canada held its overnight rate at 2.25% for the fifth consecutive meeting, citing limited inflation spillover from…
