Bank of Canada Holds Rates Steady as Tariff Clouds Linger
General Angela Calla 6 Aug
Bank of Canada Holds Rates Steady As Tariff Turmoil Continues As expected, the Bank of Canada held its benchmark interest rate unchanged at 2.75% at today’s meeting, the third consecutive rate hold since the Bank cut overnight rates seven times in the past year. The Governing Council noted that the unpredictability of the magnitude and […]
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