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Bank of Canada holds rates steady amid Iran energy shock

Filed: Apr 29, 2026 at 10:04 AM ET
Summary: The Bank of Canada held its interest rate steady as an Iran energy shock weighed on conditions.
WHO: Bank of Canada
WHAT: Interest rate decision to hold steady
WHEN: Apr 29, 2026 at 9:45 AM ET
WHERE: Canada
WHY: Fuel costs and the Iran energy shock were dragging on the economy.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
📋 This story has 4 earlier reports
🔍 13 sources analyzed

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