Canada Holds Rate at 2.25%
BoC keeps interest rate at 2.25%, citing improving economic growth and expectations that inflation will gradually ease over coming months.
Inflation recently increased but core measures remain near target, with projections showing decline to 2.5% in late 2026 and 2% by 2027.
Risks include Middle East conflict and U.S. trade uncertainty; next policy meeting expected September 2026, where officials may reassess rates direction.