Bank of Canada Maintains Overnight Rate at 2.25% - Press Release

NAMPA / Sputnik

2026-03-18

WASHINGTON , March 18 (RIA Novosti) - The Bank of Canada (BoC) on Wednesday announced its decision to maintain its overnight interest rate at 2.25%. "The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%," the BoC said in a press release. The regulator noted that the ongoing conflict in the Middle East is causing significant volatility in energy prices and financial m......

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