Bank of Canada Holds Rates at 2.75% | What It Means for Canadians in 2025 - video Dailymotion

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Bank of Canada Holds Rates at 2.75% | What It Means for Canadians in 2025 https://newsplusglobe.com/ Description The Bank of Canada has kept its key interest rate steady at 2.75% amid ongoing uncertainty over U.S. tariffs and a volatile global economy. With inflation showing unexpected firmness and the housing market set for a sluggish summer, what’s next for Canadian businesses and families? Get the latest insights, expert forecasts, and what to watch for in the coming months—only on News Plus Globe.  #BankOfCanada #InterestRates #CanadaEconomy #NewsPlusGlobe

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00:00Welcome to News Plus Globe.

00:03The Bank of Canada has just announced it's holding its key interest rate steady at 2.75%.

00:08This move comes amid ongoing uncertainty over U.S. tariffs and their impact on the Canadian economy.

00:17Governor Tiff Macklem says the economy is softer but not sharply weaker,

00:21with recent inflation numbers showing unexpected firmness.

00:25The central bank is closely watching how trade tensions and new tariffs could affect growth, prices, and jobs in the coming months.

00:34While Canada saw a boost in exports earlier this year,

00:37experts warn that the second quarter may be much weaker as businesses and consumers remain cautious.

00:44The housing market is also expected to stay sluggish this summer.

00:48Looking ahead, economists predict the Bank of Canada could cut rates later this year

00:53if inflation cools and the job market weakens further.

00:58Stay tuned to News Plus Globe for the latest updates on Canada's economy and global financial news.

01:04Don't forget to like, share, and subscribe.

01:07We'll see you next time after we've started.

01:08So much more do for it.

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Bank of Canada Holds Rates at 2.75% | What It Means for Canadians in 2025

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