12/10/2025
As expected, the Bank of Canada held the overnight rate at 2.25%. The economy continues to show resilience. Q3 growth hit 2.6%, inflation sits close to the 2% target, and the job market has strengthened with unemployment down to 6.5%. While core inflation remains slightly elevated, the Bank says the current rate is “about right” to keep inflation stable and support the economy through ongoing adjustments.
Next rate announcement: January 28, 2026.
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