Bank of Canada set to make 6th interest rate decision of the year
The Bank of Canada is scheduled to deliver its sixth rate decision of the year, with economists and financial markets largely expecting the central bank to hold steady.
8 sources
OTTAWA — The Bank of Canada is scheduled to announce its sixth interest rate decision of the year this morning. Financial markets and a majority of economists are anticipating another rate hold from the central bank during today's scheduled announcement.[1][2][3][4][5][6][7][8]
The central bank has maintained its key policy rate steady at 2.25 per cent since late last year as economic conditions continue to be assessed, with observers closely watching for confirmation of whether the benchmark rate will remain unchanged.[2]
