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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.
Story chain
7 events in this thread- Economics2h 48m agoThe Bank of Canada held its key interest rate steady at 5.00% for the seventh consecutive time.Open article
- Economics2h 48m agoThe Bank of Canada held its key interest rate steady at 5.00%.Open article
- Economics2h 57m agoThe Bank of Canada held its policy interest rate at 2.25 per cent.Open article
- Currently Reading3h 3m agoThe Bank of Canada left its benchmark overnight rate unchanged at 2.25%.
- Economics3h 9m agoThe Bank of Canada is holding its policy rate at 2.25 per cent.Open article
- Economics3h 20m agoThe Bank of Canada has kept its benchmark overnight rate at 2.25% to support economic growth as inflation pressures ease.Open article
- Economics3h 21m agoThe Bank of Canada held its benchmark interest rate steady at 2.25% for the sixth consecutive time.Open article
Verified Sources & Citations
- HIGHBayTodayhttps://www.baytoday.ca/national-news/bank-of-canada-holds-key-rate-steady-at-225-predicts-economic-rebound-12549364
- HIGHCP24 Torontohttps://www.cp24.com/news/money/2026/07/15/bank-of-canada-holds-key-rate-steady-at-225-predicts-economic-rebound/
- HIGHDevdiscoursehttps://www.devdiscourse.com/article/business/3950763-bank-of-canada-maintains-steady-course-amid-inflation-easing
- HIGHSooTodayhttps://www.sootoday.com/national-news/bank-of-canada-holds-key-rate-steady-at-225-predicts-economic-rebound-12549364
- HIGHBnn Bloomberghttps://www.bnnbloomberg.ca/business/2026/07/15/bank-of-canada-holds-key-rate-steady-at-225-predicts-economic-rebound/
- HIGHRTE.iehttps://www.rte.ie/news/business/2026/0715/1583503-bank-of-canada-interest-rates/
- HIGHFinancial Posthttps://financialpost.com/news/economy/bank-of-canada-holds-interest-rates-read-the-official-statement
- HIGHThe Globe and Mailhttps://www.theglobeandmail.com/business/economy/article-bank-of-canada-interest-rate-decision-july-15/
- HIGHBnn Bloomberghttps://www.bnnbloomberg.ca/business/economics/2026/07/15/text-of-the-bank-of-canadas-latest-interest-rate-decision/
- HIGHCP24 Torontohttps://www.cp24.com/news/money/2026/07/15/text-of-the-bank-of-canadas-latest-interest-rate-decision/
- HIGHCP24 Torontohttps://www.cp24.com/news/money/2026/07/15/boc-ready-to-move-in-either-direction-veteran-investor-says-after-sixth-straight-interest-rate-hold/
- HIGHBnn Bloomberghttps://www.bnnbloomberg.ca/business/economics/2026/07/15/boc-ready-to-move-in-either-direction-veteran-investor-says-after-sixth-straight-interest-rate-hold/
- HIGHBayTodayhttps://www.baytoday.ca/national-news/bank-of-canada-holds-key-rate-steady-as-confidence-grows-in-economic-rebound-12549364
- HIGHSooTodayhttps://www.sootoday.com/national-news/bank-of-canada-holds-key-rate-steady-as-confidence-grows-in-economic-rebound-12549364