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BREAKING: The Bank of Canada officially maintains the interest rate at 2.25%. The policy direction appears stable, but remains cautious of:
• Global trade risks.
• Surge in energy prices.
Latest projections:
Economic growth: slightly revised upward, and inflation is expected to peak at -3% (April).
This means: The central bank is not rushing to change course, but remains alert if inflation pressures increase again.
The market is still in wait-and-see mode.
source: @MSBIntel