Bank of Canada pauses interest rates

📉 No surprise here — the Bank of Canada hit pause on interest rates. The BoC held the policy rate steady, signalling that rates are likely staying put for a while ⏸️ Why? 👉 Economic uncertainty. Ongoing trade tensions and tariff questions — especially involving Canada, the U.S., and Mexico — are making it harder to predict inflation and economic growth 🌎📊 With cross-border supply chains and trade agreements still in flux, the Bank is choosing caution: ❌ No rush to cut ❌ No reason to hike 💸 What this means for Canadians: Borrowing costs remain unchanged for now, and major rate moves are unlikely until there’s clearer direction on trade, inflation, and the overall economy. 🔎 Bottom line: Interest rates are on pause — and they may stay there longer than many expected.