Daily Market Updates: Bank of Canada keeps policy rate at 2.25%

Bonds & Rates

Home›Bonds & Rates›Central Banks›Bank of Canada keeps policy rate at 2.25%

Bank of Canada keeps policy rate at 2.25%

The BoC said Canada’s economy is showing signs of improvement and flagged a modest rebound in activity after a weak start to the year.

Reported · Written up by our desk · Central Banks

The Bank of Canada held its policy rate unchanged at 2.25%, according to Action Forex. The decision matched market expectations.

In its opening statement, the central bank said Canada’s economy is showing signs of improvement, pointing to a modest rebound in activity after a weak start to the year.

The BoC also noted that labor market conditions have remained soft, reflecting ongoing economic pressure, even as activity has begun to recover.

← Newer storyCapital Bay Underwriting joins MISSION Latin America as first program Older story →US House advances kids online safety bill tied to age and ID data

More like this

Bonds & RatesGovernor Warsh declined to say if he has spoken with Trump since taking over

Bonds & RatesFed Chairman Warsh says he speaks often with Trump administration

Bonds & RatesFed Chair Kevin Warsh testifies on the economy and interest rates

Bonds & RatesFed Chair Warsh says inflation pressure will not be permanent

Bonds & RatesFed Chair Warsh says recent inflation readings are imperfect for core trends

Sources

Action ForexBank of Canada Holds Rates Unchanged, Points to a Modest Rebound in Activity

Bonds & Rates

Bank of Canada keeps policy rate at 2.25%

More like this

Sources

Get the close, explained.