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Economics1h 53m ago
The Bank of Canada held interest rates at 2.25 per cent on Wednesday as it tries to balance the risks of a slowing economy against higher inflation.
Canada
Who
Bank of Canada, Jay Zhao-Murray, Derek Holt
What
The Bank of Canada held interest rates at 2.25 per cent on Wednesday as it tries to balance the risks of a slowing economy against higher inflation.
When
Thu, 11 Jun 2026 12:01:12 GMT · 1h 53m ago
Where
Canada ·
Why
The bank is balancing slow growth and rising inflation, particularly from the Iran conflict, which has created a "conundrum for monetary policy."
The Frontline Impact
How this affects you
A potential shift in benchmark interest rates by Canada's central bank could affect borrowing costs for consumers and businesses across Canada, influencing economic growth and inflation.
Story chain
1 event in this threadNo related history yet - this is the origin event.
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