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45· Steady
Economics28d 7h ago
The Bank of Canada left its benchmark overnight rate unchanged at 2.25%.
Canada
Who
Bank of Canada
What
The Bank of Canada left its benchmark overnight rate unchanged at 2.25%.
When
Wed, 15 Jul 2026 14:05:24 GMT · 28d 7h ago
Where
Canada ·
Why
The decision was made as widely expected and with projections that economic growth would strengthen in the second half of the year due to easing inflation pressures.
The Frontline Impact
How this affects you
The Bank of Canada's decision to hold interest rates steady at 2.25% signals a pause in monetary tightening. Projections of strengthened economic growth in the latter half of the year suggest a potential shift towards recovery, influenced by moderating inflation.
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