Bank of Canada Holds Policy Rate, Ending Seven Consecutive Rate Cuts

News Financial services General Updates

Date: 16th Apr, 2025 Source: Canadian Real Estate Association (CREA) Country: Canada Original Source

Brief

On Wednesday, April 16, 2025, the Bank of Canada held its target for the overnight lending rate at 2.75%. The decision was met with mixed reactions from financial markets, and the Bank emphasized that it will carefully assess the impact of tariffs on inflation and economic growth in its next policy report.

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Canadian Real Estate Association (CREA)

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Bank of Canada Holds Policy Rate, Ending Seven Consecutive Rate Cuts

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Bank of Canada Holds Policy Rate, Ending Seven Consecutive Rate Cuts

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Canadian Real Estate Association (CREA)

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