March 2026

Amidst rising global tensions, BoC holds key lending rate in March 18th decision

Posted on Mar 18, 2026

Today, in its second scheduled announcement of 2026, the Bank of Canada opted to hold the target for the overnight lending rate at 2.25%. This marks the third consecutive hold to interest rates since October of last year.

Escalating conflict in the Middle East has added volatility to energy prices in recent weeks, renewing concerns about inflation a...

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