Bank of Canada Holds Rates at 2.25% as Economy Shrinks

The Bank of Canada left its benchmark interest rate untouched on Wednesday, keeping the overnight target at 2.25% as policymakers weighed a soft domestic economy against the inflationary pull of a months-long war in the Middle East. It marks another hold in a stretch where the central bank has signalled patience rather than action. The […] The post Bank of Canada Holds Rates at 2.25% as Economy Shrinks appeared first on the deep dive.