Bank of Canada holds interest rates steady as Trump tariffs remain threat to economy

https://www.youtube.com/channel/UChLtXXpo4Ge1ReTEboVvTDg https://ift.tt/rnzKYmO After four quarter interest rate cuts in 2025, the Bank of Canada has ended the year with a hold and signalled that rates are going to stay at 2.25 per cent for some time to come. Most economists expected the central bank to announce a hold to interest rates, after recent reports on the economy were somewhat positive. This included recent gauges on economic output, or gross domestic product; consumer inflation, or the consumer price index; and the Labour Turnover survey showing unemployment ticking down for the second straight month. Bank of Canada Gov. Tiff Macklem said Wednesday that U.S. President Donald Trump's tariffs make the economy less efficient and that more tariffs from the U.S. could be an issue. Global’s Mackenzie Gray has more. For more info, please go to https://ift.tt/NuPJ7AH Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #GlobalNews