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FX.co ★ Bank of Canada Holds Key Rate at 2.25% as Markets Watch for Next Move

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typeContent_19130:::2026-04-29T13:45:00

Bank of Canada Holds Key Rate at 2.25% as Markets Watch for Next Move

The Bank of Canada (BoC) has left its key interest rate unchanged at 2.25%, according to data updated on 29 April 2026. The decision keeps borrowing costs at the same level as the previous policy setting, signaling a pause in the central bank’s rate path for now.

With the benchmark rate holding steady, investors and businesses will be watching closely for any indications from the BoC on how long this level may be maintained and what could trigger a shift in policy. The unchanged stance suggests policymakers are weighing current economic conditions carefully before committing to further tightening or easing.

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