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Placeline/People

City Ottawa

State Province Ontario

Country Canada

Bank of Canada holds key rate at 2.75%

The Bank of Canada held its benchmark interest rate steady at 2.75 per cent as policymakers keep waiting for more clarity on how tariffs will impact the economy. Bank of Canada governor Tiff Macklem noted there have been positive developments on the tariff front since the central bank’s April decision, but trade restrictions remain and new import duties are still being threatened. (June 4, 2025)

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Unique identifier: CP174627039

Legacy Identifier: b_BOC-Interest-Rate20250604T1255

Type: Video

Duration: 1m26s

Dimensions: 1920px × 1080px 78.07 MB

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Create Date: 6/4/2025 12:55:00 PM

Display aspect ratio: 16:9