06/10/2026
The Bank of Canada holds steady again
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For the fifth time in a row, the central bank has decided to keep its key interest rate at 2.25%.
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Why the pause? The BoC is caught in a classic economic tug-of-war. The Canadian economy is showing signs of weakness, but global oil shocks and trade uncertainties are keeping inflation risks top of mind. Rather than cutting to spark growth or hiking to cool prices, they are holding the line to see how the summer shakes out.
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What’s your take on today’s announcement? Are you hoping for a cut later this year, or do you think the hold is the right move for now?
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