BOC Releases Deliberations
Bank of Canada to release summary of deliberations at 13:30 ET
On Jun 10th Bank of Canada (BOC) left Interest Rates unchanged at 2.25% (as expected) for its 5th straight pause under the current phase of its easing cycle.
Statement noted if U.S imposed significant new trade restrictions,might need to cut rates.
Would be watching closely for evidence of a broadening in price pressures.
For now, holding rates unchanged balanced the risks - - **Insight: BOC has cut Interest Rates eight times in the current easing cycle by a total of 275bps.
The last cut was in Oct 2025 - - The last rate hike was back in July 2023