Tag: Canada interest rate today
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Bank of Canada Holds Interest Rate at 2.75% Amid Global Trade Uncertainty (July 2025 Update)

The Bank of Canada has announced it is holding its key policy interest rate steady at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. This decision comes in response to persistent global trade tensions, rising cost pressures, and slower economic growth both in Canada and abroad. 🔍 Why Is the…