Bank of Canada holds rate at 2.25% on higher inflation risks
Bank of Canada kept its main interest rate unchanged at 2.25% and turned more alarmed on upside inflation risks, citing new cross-border tariffs and no imminent end to the war in the Middle East.
The Bank of Canada left its main interest rate unchanged at 2.25% and struck a more cautious tone on upside inflation risks, citing new cross-border tariffs and no imminent end to the war in the Middle East. Bank of Canada Gov. Tiff Macklem said Wednesday that a sharp de…