# Bank of Canada holds rates, says it will act decisively if need be

> The Bank of Canada held its policy rate and said it would act decisively if needed. The Canadian dollar firmed 0.51% to 1.3884 per US dollar and two-year yields rose slightly to 2.541%.

- Date: 2025-04-16 · published 2025-04-16T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/25365-bank-of-canada-holds-rates-says-it-will-act-decisively-if-need-be
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A steady policy stance keeps Canadian rate support unchanged, so currency moves remain driven mainly by trade headlines rather than a rate shift affecting commodity prices.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/rates-bonds/bank-canada-holds-rates-says-tariffs-could-cause-deep-recession-2025-04-16/

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