Bank of Canada keeps interest rate unchanged at 2.75%

The Bank of Canada decided to hold its policy rate unchanged at 2.75%, the central bank announced in a statement on Wednesday.The lender said the unpredictable US tariff policy fueled uncertainty, lowered economic growth prospects, and pushed up inflation expectations. The central bank stressed that global trade tensions, particularly between the US and Canada, are dragging down consumer and business confidence and obstructing the labor market...

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