Bank of Canada Keeps Key Lending Rate at 2.25 per Cent for Eighth Straight Month

Bank of Canada Holds at 2.25%, Warns of Policy 'Dilemma'

The Bank of Canada held its key interest rate but reiterated that US trade uncertainty and the Iran war may mean it needs to either cut or deliver consecutive hikes to keep inflation stable.

Bank of Canada keeps key interest rate at 2.25%

Governor Tiff Macklem holding rates for now, may raise or lower them in the future, depending on how events unfold.

Bank of Canada keeps key lending rate at 2.25 per cent for eighth straight month

Despite a jump in energy prices and disruptions in the global supply chain, the Bank of Canada is keeping its key lending rate consistent at 2.25 per cent.The Bank Rate is still 2.5 per cent, and the deposit rate is 2.2 per cent. It hasn't changed since last October."Economic activity in Canada has been weak, and uncertainty about U.S. trade policy persists," read a release. "The conflict in the Middle East is ongoing, and oil prices remain elev…

@ the Bell: Markets sink as geopolitical tensions rise & rates hold steady

Canada’s main stock index edged lower on Wednesday as renewed tensions between the US and Iran raised concerns about the likelihood of reaching a deal to end the conflict. Meanwhile, investors assessed the outcome of the Bank of Canada’s latest policy decision. The central bank left its overnight lending rate unchanged at 2.25 per cent, maintaining the Bank Rate at 2.5 per cent and the deposit rate at 2.20 per cent. US stocks also declined after…

June 10: Bank of Canada maintains policy rate at 2.25%

Wednesday June 10, 2026 | TORONTO, ON [Posted 8:34 am PT – VICTORIA, BC] by Mary P Brooke | Island Social Trends The Bank of Canada has maintained their policy interest rate at 2.25% with the Bank Rate at 2.5% and the deposit rate at 2.20%. That holds things at the same level that was […] The post June 10: Bank of Canada maintains policy rate at 2.25% appeared first on Island Social Trends.