What’s Really Happening in the Economy—And Why It Matters for Interest Rates
With the Bank of Canada holding its key rate steady in March, attention has shifted to what comes next. Many expected that 2026 would bring a series of rate cuts—but that outlook has become far less certain.
To understand why, you have to look beyond interest rates themselves. Because rates aren’t the starting point—they’re the result of what’s happening underneath in the economy. And right now, that story is more complicated than it’s often presented.
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