📢 Bank of Canada Holds Interest Rate at 2.75%
📊 Bank of Canada Holds Steady at 2.75%
For the third straight meeting, the BoC is keeping rates unchanged. Reflecting ongoing trade uncertainty, sticky inflation around 3%, and a still-strong job market.
While no cut yet, the door’s open 📉
The Bank signaled an easing bias, ready to adjust if inflation drops or the economy slows.
📌 What this means for you:
• Mortgage & loan rates stay stable
• More clarity may come in the fall
• Now’s the time to plan smart
Staying informed about interest rate decisions can help you make better financial choices.
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