No Change in 2.25% Overnight Bank of Canada Interest Rate – Currency Thoughts
No Change in 2.25% Overnight Bank of Canada Interest Rate January 28, 2026 The Bank of Canada’s decision to hold its interest rate level at 2.25% was as expected, and the quarterly Monetary Policy Report made scant changes to the 2026 and 2027 growth and inflation forecasts. From a peak of 5.0% from July 2023…