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Economics3h 17m ago

The Bank of Canada has kept its benchmark overnight rate at 2.25% to support economic growth as inflation pressures ease.

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Canada

Who
Bank of Canada
What
The Bank of Canada has kept its benchmark overnight rate at 2.25% to support economic growth as inflation pressures ease.
When
Wed, 15 Jul 2026 13:49:12 GMT · 3h 17m ago
Where
Canada ·
Why
To support economic growth as inflation pressures ease.
The Frontline Impact

How this affects you

The Bank of Canada's decision to maintain the benchmark overnight rate at 2.25% signals a steady approach to monetary policy, aiming to balance economic growth with easing inflation. The central bank anticipates stronger growth in the latter half of the year.

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