Bank of Canada to Hold Rates Steady While War Worries Brew - WSJ

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/economy/central-banking/bank-of-canada-to-hold-rates-steady-while-war-worries-brew-98a9e035 By April 28, 2026 10:44 am ET Listen (5 min) Quick Summary The Bank of Canada is expected to keep its main interest rate unchanged, but elevated energy prices create doubt about holding rates steady. The Middle East conflict has closed oil-tanker traffic in the Strait of Hormuz, sharply lifting near-term inflation expectations. Uncertainty surrounding stalled U.S.-Canada trade talks for the USMCA treaty also complicates the Bank of Canada’s rate decisions. This summary was generated with AI and reviewed by an editor. Read more about how we use artificial intelligence in our journalism. The Ba

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