Bank of Canada Holds Key Rate at 2.25% - NTV: Newfoundland and Labrador's Most Trusted News Source
4 Articles
4 Articles
Bank of Canada holds key rate at 2.25% - NTV: Newfoundland and Labrador's Most Trusted News Source
The Bank of Canada is keeping its key interest rate unchanged at 2.25 per cent, noting the economy is showing signs of improvement despite months of sluggish growth. In its latest policy report, the Bank of Canada says inflation is easing and consumer spending has remained resilient. However, it warns that uncertainty surrounding U.S. tariffs and the conflict in the Middle East could still slow economic growth. The Bank of Canada says housing re…
Bank of Canada may hold rates while preserving an October hike
The Bank of Canada is expected to leave its overnight rate unchanged at 2.25%, but the more important signal may come from how forcefully it addresses rising inflation expectations. Recent Canadian inflation readings have remained subdued and broadly consistent with the central bank’s April projections. Yet the Bank’s Business Outlook Survey showed increases in indicators tied to future selling prices and business costs. That creates a policy te…
Business IDEAS. "Inflationary pressures remain firmly anchored." The June post-Inflation confirms the decision of the Bank of Canada appeared first on Les Affaires.
For the sixth time in a row, the Bank of Canada today announced that it is keeping the target rate of overnight financing at 2.25 per cent. Similarly, the official discount rate remains at 2.5 per cent, and the rate of return on deposits at 2.2 per cent.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
