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The Bank of Canada is seen in Ottawa, on April 16, 2025. The Canadian Press/Justin Tang
The Bank of Canada has largely kept to the sidelines as it tries to get a sense of how U.S. tariffs will impact the economy—and some economists think it might just stay there.
After a quarter-point cut in March, the central bank held its benchmark interest rate steady at 2.75 percent in April and June.
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