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

The Bank of Canada held interest rates steady, but officials made clear that they’re not sure about the duration of their pause, nor in which direction borrowing costs are headed.

By Erik Hertzberg · Bloomberg Markets

The Bank of Canada held interest rates steady, but officials made clear that they’re not sure about the duration of their pause, nor in which direction borrowing costs are headed.