BoC holds rate at 2.75%, outlines two paths for economy as trade tensions cloud outlook

April 16, 2025
10:49 am

The Bank of Canada held its benchmark interest rate at 2.75% on Wednesday and unveiled two diverging scenarios for the economy, reflecting the unprecedented uncertainty triggered by U.S. tariffs.

The Bank of Canada held its benchmark interest rate at 2.75% on Wednesday and unveiled two diverging scenarios for the economy, reflecting the unprecedented uncertainty triggered by U.S. tariffs. Mortgage Rates & Mortgage Broker News in Canada

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BoC holds rate at 2.75%, outlines two paths for economy as trade tensions cloud outlook

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