The Bank of Canada's policy interest rate has stood at 2.25% for 10 months since being set on Oct. 29, 2025. At this level, the policy rate is considered somewhat stimulative, as the neutral interest rate is estimated to be between 2.50 and 3%.

The Bank of Canada's policy interest rate has stood at 2.25% for 10 months since being set on Oct. 29, 2025. At this level, the policy rate is considered somewhat stimulative, as the neutral interest rate is estimated to be between 2.50 and 3%.
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