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Economics2h 48m ago

The Bank of Canada held its key interest rate steady at 5.00%.

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Canada

Who
Macklem
What
The Bank of Canada held its key interest rate steady at 5.00%.
When
Wed, 15 Jul 2026 14:20:35 GMT · 2h 48m ago
Where
Canada ·
Why
The central bank cited oil price volatility and an improving economy as reasons for holding the rate steady, while warning the economic outlook remains uncertain.
The Frontline Impact

How this affects you

The Bank of Canada's decision to hold interest rates steady impacts borrowing costs and economic activity within Canada. The lowered 2026 GDP growth estimate suggests a cautious outlook on future economic expansion.

Story chain

7 events in this thread
  1. Economics2h 48m ago
    The Bank of Canada held its key interest rate steady at 5.00% for the seventh consecutive time.
    Open article
  2. Currently Reading2h 48m ago
    The Bank of Canada held its key interest rate steady at 5.00%.
  3. Economics2h 57m ago
    The Bank of Canada held its policy interest rate at 2.25 per cent.
    Open article
  4. Economics3h 3m ago
    The Bank of Canada left its benchmark overnight rate unchanged at 2.25%.
    Open article
  5. Economics3h 9m ago
    The Bank of Canada is holding its policy rate at 2.25 per cent.
    Open article
  6. Economics3h 20m ago
    The Bank of Canada has kept its benchmark overnight rate at 2.25% to support economic growth as inflation pressures ease.
    Open article
  7. Economics3h 21m ago
    The Bank of Canada held its benchmark interest rate steady at 2.25% for the sixth consecutive time.
    Open article

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