With unemployment consistently rising seems like a bad judgment given the lower inflation numbers in February. Guess they are worried about next months inflation numbers due to the USA’s Iran quagmire causing diesel prices to skyrocket.
Waiting to see if they are behind on the curve and will be forced to slash if unemployment goes to 8%+
JohnDorian0506 on
Meanwhile in Australia. The RBA raised its main cash rate by 25 basis points to 4.1%.
Governor of the Reserve Bank of Australia, Michele Bullock
We need this governor in Canada. Economists expect the key overnight interest rate (in Canada) will be held at 2.25 per cent.
As of early 2026, Canada has the highest food inflation rate in the G7.
The cost of ***food*** in ***Australia*** increased 3.10 percent in January 2026
LasagnaMountebank on
Everything is actually fine, no need to adjust the approach, says man who last bought house and looked for a job in the 1980s.
jetx666 on
We needed to raise it to 3%
Mr. Too late for everything
GuzzlinGuinness on
No central bank can mitigate oil spiking to $110 with interest rate changes.
prsnep on
HOOOOLD! HOOOOLD!!
--prism on
Seems reasonable. They need to create incentive to invest and housing skyrocketing isn’t good for that. Also can’t juice rates because of if unemployment
differentiatedpans on
I renewed end of Jan. Need to remind my self that I have had a rate about 3% before and that being below 3% is historically low.
McGrevin on
Hilarious, half the comments here criticizing the decision say he needs to raise rates, the other half of criticisms are saying he needs to cut rates
apu8it on
– We need to cap profits on companies selling necessities like food:
– we need to cap interest on credit cards to 12% since more than half of Canadians are living off credit
– we need to stop data centres from being built on our land.
– We need to properly tax the wealthy top 10% .
– We need to Punish corruption in government.
These are things we are collectively not mad enough about.
Low-Log4438 on
Why can’t we have 2 interest rates? One for mortgage and small personal loans another for business and everything else. Is that a dumb idea?
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With unemployment consistently rising seems like a bad judgment given the lower inflation numbers in February. Guess they are worried about next months inflation numbers due to the USA’s Iran quagmire causing diesel prices to skyrocket.
Waiting to see if they are behind on the curve and will be forced to slash if unemployment goes to 8%+
Meanwhile in Australia. The RBA raised its main cash rate by 25 basis points to 4.1%.
Governor of the Reserve Bank of Australia, Michele Bullock
We need this governor in Canada. Economists expect the key overnight interest rate (in Canada) will be held at 2.25 per cent.
As of early 2026, Canada has the highest food inflation rate in the G7.
The cost of ***food*** in ***Australia*** increased 3.10 percent in January 2026
Everything is actually fine, no need to adjust the approach, says man who last bought house and looked for a job in the 1980s.
We needed to raise it to 3%
Mr. Too late for everything
No central bank can mitigate oil spiking to $110 with interest rate changes.
HOOOOLD! HOOOOLD!!
Seems reasonable. They need to create incentive to invest and housing skyrocketing isn’t good for that. Also can’t juice rates because of if unemployment
I renewed end of Jan. Need to remind my self that I have had a rate about 3% before and that being below 3% is historically low.
Hilarious, half the comments here criticizing the decision say he needs to raise rates, the other half of criticisms are saying he needs to cut rates
– We need to cap profits on companies selling necessities like food:
– we need to cap interest on credit cards to 12% since more than half of Canadians are living off credit
– we need to stop data centres from being built on our land.
– We need to properly tax the wealthy top 10% .
– We need to Punish corruption in government.
These are things we are collectively not mad enough about.
Why can’t we have 2 interest rates? One for mortgage and small personal loans another for business and everything else. Is that a dumb idea?