What to expect from the Bank of Canada during the January 29 rate announcement
Kuntal Khasnobish
Tuesday, January 28, 2025
The Bank of Canada (BoC) is set to announce its latest target interest rate decision on January 29, 2025. This policy update is critical for Canada’s economic recovery amid global economic uncertainty. For businesses, households, and financial markets, the decision could signal the next steps in monetary policy after a year of easing inflation, resilient employment, and global trade challenges.
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