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Bank of Canada holds key lending rate amid economic uncertainty, highlighting trade policy tensions, inflation concerns, and impacts on consumer confidence and housing market.

Bank of Canada Holds Key Rate Amid Economic Uncertainty

Bank of Canada Holds Key Lending Rate Amid Economic Uncertainty On April 16th, the Bank of Canada announced it would maintain the overnight lending rate at 2.75%. This is the first time since June 2024 that the Bank has opted not to adjust the rate. Trade Policy Uncertainty Contributes to Economic Instability The decision to…