Bank of Canada Announcement Overview
The Bank of Canada held the rate at 2.25%, as expected.
Inflation and Growth Projections
Inflation is expected to average
2.0% in 2025 (down from 2.3%)
2.1% in 2026 (unchanged),
2.1% in 2027.
Growth is forecasted to slow to 1.0% in 2026
f.6% in 2025
Rise to 1.3% in 2027.
The nominal neutral interest rate is assumed to be in the range of
2.25% to 3.25%.
Instrument: CAD
Sentiment: Neutral
Money Markets : No major change
