Bank of Canada Holds Rates, Says Hard to Predict Future Moves

Bank of Canada keeps key interest rate steady amid ‘heightened’ risk, uncertainty

'Recently, you've seen more unpredictability in U.S. policy with all sorts of threats, including on Canada,' bank governor says

Bank keeps key interest rate steady amid ‘heightened’ risk, uncertainty

The Bank of Canada announced that interest rates will remain at 2.25 per cent

Bank of Canada Holds at 2.25% as Uncertainty Binds Rate Path

Bank of Canada holds rates, says hard to predict future moves

Interest rate cut? No. Interest rate hike? Also no, RBC says

The Bank of Canada held its overnight policy rate at 2.25% at its first meeting of 2026, a widely expected decision that marked a second consecutive hold following December and reinforced the central bank’s view that the current stance remains appropriate near the bottom of the neutral range. In a note following the decision on […] Source

Making sense of the Bank of Canada interest rate decision on January 28, 2026

The first central bank announcement of the year is upon us—and the Bank of Canada kicked it off with a rate hold, keeping the benchmark cost of borrowing in Canada at 2.25%, where it has remained since last October. This rate is used by lenders when setting their prime rates and, by extension, floating-rate borrowing products such as variable-rate mortgages, HELOCs, and some types of personal loans. That the rate would remain unchanged doesn’t c…