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Today, Wednesday, the Bank of Canada announced that its key interest rate remains at 2.25%. The bank expects economic growth to improve and inflation to decline, with projections of a 2.5% increase in the economy during the second quarter and 1.5% in the third quarter of 2026. However, it has lowered its growth forecast for the year to 0.7%, while raising its inflation outlook for 2026 to 2.5%. The bank noted that the current price pressures are due to rising oil prices and a weak Canadian dollar, and it expects inflation to return to the target of 2% by early next year.
تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي
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