Bank of Canada maintains policy rate at 2.25%
- Nor Yu
- Jan 29
- 1 min read
The Bank of Canada kept its key interest rate at 2.25%. They said this rate is appropriate right now based on how they see the economy and inflation behaving.
The Canadian economy is still adjusting to trade disruptions, especially tariffs from the United States, which are slowing growth. Because of this and other global uncertainties, the economy is expected to grow only modestly in the coming years and inflation is likely to stay close to the 2 % target
The Bank emphasized that uncertainty remains high, especially around unpredictable U.S. trade policy and geopolitical risks. They are watching these risks closely and are prepared to change rates in the future if the economic outlook changes.
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