The bank was widely expected to hold rates, despite the fact that energy prices have shot up due to the war in Iran, changing the inflation forecast.

OTTAWA — The Bank of Canada held its benchmark interest rate steady for a fourth consecutive time Wednesday, but officials warned uncertainty over the war in Iran and the future of U.S. tariffs could ...

With its announcement on April 29, 2026, the Bank of Canada (BoC) once again held its overnight rate at 2.25%, in line with ...

The Bank of Canada cut its key interest rate to 2.50 per cent on September 17 – its first cut after months of pause. The next ...

Here’s the Bank of Canada’s official statement for its rate decision: ...

Overnight rate for Bank of Canada remains at 2.25% — meaning no change to lending rate at major Canadian banks ...

Central bank’s summary of deliberations for the April rate decision echoed need to monitor inflation risk from Iran war ...

OTTAWA — As the world deals with turmoil kicked up by spasmodic U.S. trade policy and the Iran war, the Bank of Canada held its interest rate steady at 2.5% on Wednesday.

Despite inflation spike and global economic uncertainty due to war on Iran, economists say bank governor Tiff Macklem will likely keep a lid on rates in Wednesday policy announcement.

BENGALURU (Reuters) -The Bank of Canada will reduce its overnight interest rate by 25 basis points on October 29 for a second consecutive time to support a weak economy under threat from U.S. tariffs, ...