The Bank of Canada is expected to keep its policy interest rate unchanged at 2.25% and does so for a fifth consecutive decision, reflecting ongoing concerns about weak economic activity and mixed inflation signals. Multiple reports say markets and forecasters largely anticipate the hold, with the central bank weighing both upside risks to inflation and downside risks to growth. Bloomberg reports that the economy remains weak and that a global oil shock contributes to higher inflation pressures. The Globe and Mail coverage similarly characterizes the economic outlook as stagnating and highlights the challenge of navigating slower growth alongside inflation risks. Bank of Canada Governor Tiff Macklem emphasizes that policymakers must remain flexible to address evolving conditions while staying committed to keeping inflation low and stable over time. Taken together, the sources describe a cautious approach in which the central bank pauses rate changes to assess whether current pressures persist and how the economy develops, rather than signaling an immediate move up or down in borrowing costs.