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fxJun 10, 2026, 9:00 AM

BoC Expected to Hold Rate at 2.25% as Inflation Persists

The Bank of Canada is widely expected to keep its policy rate unchanged at 2.25% on Wednesday, marking the fifth consecutive hold as inflation remains elevated but the economy shows signs of weakening.

The Bank of Canada (BoC) is anticipated to maintain its policy rate at 2.25% at its upcoming meeting on Wednesday, according to market consensus. This would be the fifth straight decision where the central bank holds rates steady.

The decision comes amid persistent inflation pressures, though the domestic economy is beginning to exhibit fragility. The BoC faces a balancing act between curbing price growth and supporting a softening growth outlook.

Source: FXStreet Forex News