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Canada Central Bank Holds Rate Steady Citing US Tariff 'Threats'

Canada
International Business Times Fews App News Provider
Fews App Post Time 1d ago

Canada Central Bank Governor Tiff Macklem at a G7 meeting in May, 2025 AFP Canada's central bank held its key lending rate at 2. 75 percent on Wednesday, as the major US trading partner confronts economic uncertainty two days before President Donald Trump's latest tariff deadline. Canada remains uniquely vulnerable to Trump's trade war given the deep, broad ties between the neighboring economies.

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