News

The Canadian Press on MSN14h
Inflation volatility, tariff uncertainty keep Bank of Canada sidelined
The Bank of Canada held its benchmark interest rate steady at 2.75 per cent Wednesday as policymakers keep waiting for more ...
Bank of Canada expected to 'return to rate cuts' following hold, economists say
The Bank of Canada maintained its benchmark rate at 2.75 per cent on Wednesday — the second straight announcement hold — but ...
Bay Street Sees Future Cuts After Bank of Canada Holds Steady
The Bank of Canada’s decision to hold its policy interest rate at 2.75% shows that it’s more focused on core inflation than ...
Canadian dollar hits 8-month high as BoC remains sidelined
The Canadian dollar strengthened to a near eight-month high against its U.S. counterpart on Wednesday as the Bank of Canada ...
Bank of Canada Holds Rate Steady as Economy Softens, Inflation Accelerates
The Bank of Canada on Wednesday left its main interest rate unchanged, at 2.75%, saying the economy has softened but not deteriorated, and inflation has picked up steam.