Browsing: interest rate

The Bank of Canada held its key interest rate steady at 2.75%, underscoring ongoing uncertainties tied to tariff negotiations. With trade talks remaining unpredictable, the central bank chose a cautious approach amid a clouded economic outlook

The Bank of Canada has decided to maintain its key interest rate at 2.75%, citing concerns that escalating trade tensions could lead to a potential recession. The decision reflects ongoing economic uncertainty amid global trade disputes.