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Bank of Canada holds interest rate at 2.75% amid global trade uncertainty
Bank of Canada holds interest rate at 2.75% amid global trade uncertainty
  • The Bank of Canada maintains its overnight rate at 2.75% amid rising economic uncertainty.
  • Two potential US trade policy scenarios could either stabilize or push Canada into recession.
  • Canada faces slowing growth, weakened consumer confidence, and rising inflation pressures at 2.3%.
April 16, 2025

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