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The central bank held its rate steady at 2.75% today.But the housing market would likely remain "frozen" even if it had opted for a cut, mortgage experts say.
With its announcement on June 4, 2025, the Bank of Canada (BoC) once again held its overnight rate at 2.75%, its second pause after seven consecutive rate cuts that started in June 2024. This ...
With the Bank of Canada set to provide an update on interest rates on Wednesday, economists are expecting no changes this ...
On Mar. 13, 2025, following the Bank of Canada’s last overnight rate cut to 2.75%, most of Canada’s major banks — including the Royal Bank of Canada and TD Bank — reduced their prime ...
The Bank of Canada left its main interest rate unchanged, at 2.75%, saying the economy has softened but not deteriorated, and inflation has picked up steam.
The Bank of Canada had made two 0.25 per cent cuts before April, with the last one on March 12 bringing it down to the current rate.. Bank of Canada holds policy rate at 2¾%https://t.co ...
How another rate hold from the Bank of Canada will impact Canadians, ... As a result, the prime rate used by Canadian lenders will also remain unchanged, at 4.95%.
The Bank of Canada Governor Tiff Macklem said on Wednesday that the prospect of a new Canada-U.S. trade deal offers hope that ...
Bank of Canada holds interest rate at 2.75% again as 'uncertainty remains high' Trade conflict with the United States remains 'biggest headwind facing the Canadian economy,' says governor.
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