# Bank of Canada holds rates, says threat to Fed independence adds to uncertainty | Reuters

> The Bank of Canada held its policy rate at 2.25% and said threats to Fed independence add to uncertainty. The Canadian dollar firmed after the decision, trading up 0.28% at 1.3535 per US dollar.

- Date: 2026-01-28 · published 2026-01-28T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/21286-bank-of-canada-holds-rates-says-threat-to-fed-independence-adds-to-uncertainty
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Holding rates steady keeps Canada-US yield spreads unchanged, so the currency reaction is modest. Limited direct impact on feed commodity prices.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/americas/bank-canada-holds-rates-says-hard-predict-future-moves-2026-01-28/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.