As Bank of Canada holds rates, experts say a cut alone won't stop an economic slowdown

The Bank of Canada held involvement rates astatine 2.75 per cent connected Wednesday, pointing to a mixed container of unexpectedly beardown information and the uncertainty of U.S. tariffs as reason for the hold — and immoderate experts accidental that, going forward, complaint cuts unsocial won't beryllium capable to halt an economical slowdown.