Bank of Canada Cites U.S. Trade Moves and Geopolitical Strains as Risks While Holding Rate at 2.25%
The Bank of Canada left its policy rate at 2.25% following a January 28 meeting, citing a more turbulent international environment driven by unpredictable U.S. trade actions, heightened geopolitical tensions and threats to central bank independence. Domestic conditions show softer labour markets and weak business investment, prompting officials to …