Bank of Canada Holds Key Interest Rate Steady at 2.25%, Aligns with Market Forecasts
Deep News
Jul 15
The Bank of Canada has decided to keep its key interest rate unchanged at 2.25%, a move that aligns with market expectations.
The decision maintains the benchmark rate at 2.25%, which was the level anticipated by forecasters.
All 24 economists surveyed in a Bloomberg poll had projected that the rate would be held steady at 2.25%.
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