01/28/2026
In alignment with market expectations. The Bank of Canada held its overnight target rate this morning, unchanged at 2.25% in its 1st 2026 announcement meeting – See Details & Insights
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Bank of Canada Holds Policy Rate Steady Today, the Bank of Canada once again held the policy rate steady at 2.25%. This is the bottom of the Bank’s estimate of the neutral overnight rate, where monetary policy is neither expansionary nor contractionary. With inflation hovering just above 2% and co...
