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Bank of Canada Holds Rate at 2.25% Amid Policy Uncertainty

Bank of Canada Holds Rate at 2.25% Amid Policy Uncertainty

The Bank of Canada kept its key interest rate at 2.25%, citing a cloudy outlook. Governor Tiff Macklem said high oil prices could point to future hikes, while U.S. trade tensions might argue for cuts to support growth.

Original headline

Bank of Canada holds key interest rate at 2.25%, warning future decisions are clouded by uncertainty