Toronto, Canada, June 10, 2026 (AFP) - Canada central bank holds key interest rate steady as economy struggles

NAMPA / AFP

2026-06-10

Canada's central bank held its key lending rate at 2.25 percent on Wednesday, warning the G7 economy faces significant headwinds as its future economic relationship with the United States remains uncertain. The announcement marked the Bank of Canada's fifth consecutive hold. Canada has experienced two quarters of negative growth, a circumstance some economists label a technical recession. Growth should return to positive in the second quarter of......

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