Bank of Canada Holds Key Interest Rate at 5%, Signals Shift Toward Rate Cut Discussions

Governor Tiff Macklem Indicates Transition in Monetary Policy Focus In a pivotal announcement on Wednesday, 24/01, the Bank of Canada chose to maintain its key interest rate at 5 per cent, a decision that aligns with expectations given the current economic landscape. However, the real headline emerged from Governor Tiff Macklem’s indication of a significant … Continue reading Bank of Canada Holds Key Interest Rate at 5%, Signals Shift Toward Rate Cut Discussions