The Bank of Canada maintained its policy rate at 2.25%, in line with market forecasts. In its opening statement, the BoC stated that tariffs and persistent trade uncertainty continue to weigh on corporate investment, but that the economy has demonstrated considerable resilience. It also noted that hiring intentions remain low, despite recent improvements in labor market circumstances.
The Bank anticipates inflation to remain moderate in the coming months, but warns that there may be some short-term "choppiness" in inflation data. However, policymakers emphasized that such volatility is likely to be temporary, and that underlying inflation remained around 2.5%.
Importantly, the statement reiterated that if inflation and economic activity evolve broadly in line with the October projection, the Governing Council believes the current policy rate is roughly appropriate to keep inflation close to the 2% target while supporting the economy during a period of structural adjustment.


Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200
Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks
RBI Hits Pause as Geopolitical Storm Clouds Gather
Indian Government Bonds Seen Opening Steady Ahead of RBI Policy Decision
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns
BOJ June Rate Hike Likely as Inflation Risks Rise Amid Middle East Tensions
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 



