The Bank of Canada (BoC) is expected to hold its benchmark interest rate at 2.25 per cent for a second consecutive announcement when it reveals its decision at 9:45 a.m. ET today. The scheduled interest rate decision comes amid ongoing trade uncertainty, with increasing focus on the future of the Canada-U.S.-Mexico-Agreement (CUSMA) and a murky outlook for the Canadian economy later this year. Ahead of the announcement, economists polled by Reuters were unanimous in their expectation for a hold, and nearly 75 per cent forecast the central bank will keep rates on hold through 2026. Market odds for a hold today were at ... (full story)