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Economics3h 16m ago

The Bank of Canada held its benchmark interest rate steady at 2.25% for the sixth consecutive time.

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Canada

Who
Bank of Canada
What
The Bank of Canada held its benchmark interest rate steady at 2.25% for the sixth consecutive time.
When
Wed, 15 Jul 2026 13:47:54 GMT · 3h 16m ago
Where
Canada ·
Why
The central bank expects the economy to rebound after a rough start to the year.
The Frontline Impact

How this affects you

The Bank of Canada's decision to maintain its policy rate at 2.25% indicates a pause in monetary tightening, with expectations of an economic recovery.

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