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Bank of Canada Minutes Show Rate Held Steady to Balance Inflation Risks and Weak Growth

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2026-06-25 01:33:11
The Bank of Canada’s meeting minutes said policymakers kept the policy interest rate unchanged to balance inflation risks against weakening economic growth. According to Jin10, the minutes described the decision as aimed at managing the trade-off between the risk that inflation could remain elevated and signs that economic growth was softening.
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