The Bank of Canada announced that it will maintain the benchmark interest rate unchanged, but does not rule out the possibility of a future rate cut.
Zhitong Finance APP learned that the Bank of Canada announced on Wednesday to maintain the benchmark interest rate at 2.75%, this is the second consecutive meeting to keep the interest rate unchanged. However, central bank officials also explicitly stated that if the US tariff measures drag down economic growth and inflation remains under control, the possibility of a future interest rate cut is not ruled out.
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