Bank of Canada Holds Rate at 2.25% as Recession Fears Persist: Rabobank

Rabobank analysts Molly Schwartz and Christian Lawrence reviewed the Bank of Canada's latest decision. Policymakers held the overnight rate at 2.25% in June, reflecting caution amid recession concerns.

The analysts highlighted persistent risks from high energy prices and prolonged inflation, which continue to weigh on the economic outlook. The decision suggests the central bank is balancing inflation control with growth worries.