Bank of Canada holds rates at 2.75%

2 week_ago 21

Business·Breaking

This is the archetypal intermission aft 7 consecutive monthly cuts

This is the archetypal intermission aft 7 consecutive monthly cuts

Thomson Reuters

· Posted: Apr 16, 2025 9:53 AM EDT | Last Updated: 7 minutes ago

Bank of Canada sign.

Bank of Canada lawman politician Toni Gravelle says the cardinal slope expects quantitative tightening to extremity sometime successful 2025. The Bank of Canada gathering is shown successful Ottawa connected Wednesday, Sept. 6, 2023. (Adrian Wyld/The Canadian Press)

The Bank of Canada connected Wednesday held its cardinal argumentation complaint astatine 2.75 per cent, its archetypal intermission aft seven consecutive cuts, and said the uncertainty astir U.S. tariffs made it intolerable to contented regular economical forecasts.

More to come.

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