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Economics3h 3m ago

The Bank of Canada left its benchmark overnight rate unchanged at 2.25%.

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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 · 3h 3m 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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