Raven's Park : Mortgage Updates

📌 The Bank of Canada has maintained its benchmark interest rate at 2.75% for the second consecutive meeting, citing ongoing uncertainty surrounding U.S. trade policies 🇺🇸 and their impact on the Canadian economy.

Posted on June 9, 2025 by Steve Kooner & Associates

📈 While core inflation has risen, the central bank is considering a potential rate cut in July if economic indicators, such as inflation 📊 and employment data 👷‍♂️, suggest a weakening economy.

📅 The next interest rate decision is scheduled for July 30.

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📌 The Bank of Canada has maintained its benchmark interest rate at 2.75% for the second consecutive meeting, citing ongoing uncertainty surrounding U.S. trade policies 🇺🇸 and their impact on the Canadian economy.

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