Therefore,
Canada bank maintains its unchanged:
The Bank of Canada maintains its key rate at 2.75 % for the third consecutive time, while it is struggling with uncertainty surrounding customs duties. Nevertheless,
The Central Bank said Wednesday that the Canadian economy shows a certain resilience to the customs duties of the United States. Similarly, but that US trade policy remains unpredictable. For example,
Governor Tiff Macklem indicates that the risk of a serious world trade war has decreased in recent months. but that the Canadian economy has probably contracted in the last quarter due to the repercussions of customs duties.
If the current situation linked to customs duties persists. the Bank of Canada provides for a rebound in the economy for canada bank maintains its unchanged the rest of the year, inflation remaining close to its target of 2 %.
Mr. Macklem maintains that the bank could return to rate reductions if the economy is weakening. that inflation linked to customs duties remains contained.
He adds that the Bank of Canada will continue to be less prospective than usual. but that it will monitor the impact of commercial disturbances on consumer prices and economic activity.
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canada bank maintains its unchanged — Canada bank maintains its unchanged: The Bank of Canada in Ottawa, Wednesday, April 16, 2025. The Canadian press/Justin TangThe Bank of Canada maintains its key rate at 2.75 % for the third consecutive time, while it is struggling with uncertainty surrounding customs duties. The.
Canada bank maintains its unchanged
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