Inflation hit 2.4% in March and is expected to climb to ~3% in April, driven by higher gas prices linked to the Middle East conflict. It's forecast to ease back to the 2% target by early 2027.
Governor Tiff Macklem signaled that if the economy tracks expectations, any future rate moves will likely be small.
Next decision: June 10. What do you think happens next?
🔗 https://www.bankofcanada.ca/2026/04/fad-press-release-2026-04-29/
#BankOfCanada #InterestRates #CdnEcon
Bank of Canada Holds Rate at 2.25% — Third Hold of 2026.
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