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fxJul 15, 2026, 9:45 AM

Bank of Canada Expected to Hold Rate at 2.25% for Sixth Time

The Bank of Canada is widely expected to keep its policy rate unchanged at 2.25% on Wednesday, marking the sixth consecutive meeting with no change.

The Bank of Canada (BoC) is set to announce its latest interest rate decision on Wednesday, with markets broadly expecting the central bank to hold its policy rate at 2.25% for the sixth straight meeting.

This would continue the current pause in the BoC's rate cycle, as the bank assesses economic conditions and inflation trends.

Source: FXStreet Forex News