According to the latest news, the Bank of Canada has maintained a cautious attitude in its recent monetary policy meeting and decided to keep the benchmark interest rate unchanged at 2.75%. This marks the third consecutive meeting where this decision has been made, demonstrating the central bank's prudent stance in the current economic environment.



During the meeting, the possibility of lowering the interest rate by 25 basis points was considered, but no action was ultimately taken. Decision-makers weighed various factors, including trade friction with the United States, the resilience of the Canadian economy, and rising inflation risks.

The Central Bank emphasized in the meeting minutes that it is still too early to fully assess the impact of tariff policies and the restructuring of trade patterns on Canadian economic activity and inflation. Decision-makers unanimously believe that clearer economic indicators are needed to determine whether further easing measures are necessary.

In particular, if the economy continues to weaken and core inflation pressures ease, the Central Bank may reconsider its policy stance. However, before making any significant decisions, they tend to wait for more reliable economic data.

This decision reflects the balanced strategy adopted by the Central Bank of Canada in the face of a complex and changing domestic and international economic situation, aiming to prevent potential economic downturn risks without rushing to implement radical measures that could affect long-term economic stability.
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GasGrillMastervip
· 16h ago
So stable, let's wait until after the Qingming Festival to see.
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ILCollectorvip
· 17h ago
Still waiting for interest rate cuts? Wake up.
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JustAnotherWalletvip
· 08-13 19:48
Once again, conservative central bank.
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ZkProofPuddingvip
· 08-13 19:48
Wanting more but afraid to take action
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StrawberryIcevip
· 08-13 19:44
Still staying up late waiting for interest rate cuts?
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NftMetaversePaintervip
· 08-13 19:36
actually the algorithmic patterns here mirror my latest generative art project... central banks r just running outdated code tbh
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AirdropHunter9000vip
· 08-13 19:36
Just keep on hanging in there, huh?
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