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Canada Keeps Interest Rates Steady Amid Growing Inflation Concerns

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CAD
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The Bank of Canada has maintained its target interest rate at 2.25 percent, as widely expected.

This decision comes after the bank's review of the economy and inflation, which are evolving in line with forecast expectations.

The bank's target for the overnight rate is now at 2.5 percent, with the deposit rate set at 2.20 percent.

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