Economy · World
Bank of Canada Holds Interest Rates Steady
The Bank of Canada announced it will maintain its key interest rate at 2.25%. This decision comes amidst escalating trade tensions, specifically a tariff war, and ongoing geopolitical concerns including the Iran war. The central bank's announcement indicates a pause in monetary policy adjustments as it monitors these external factors.
How outlets across the spectrum covered it
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- Centre (2): Bloomberg, CBC News