Bank of Canada Set to Hold Interest Rate at 2.25% on December 10, 2025 as Markets Bet on Long Pause
OTTAWA — December 9, 2025 The Bank of Canada is set to make its final interest rate decision of the year on Wednesday, December 10, and virtually everyone watching expects the same outcome: no move. The central bank’s target for the overnight rate is widely forecast to remain at 2.25 per cent, cementing what many economists believe will be the start of a long pause after one of the most aggressive cutting cycles among advanced economies.Bank of Canada+ 2Bank of Canada+ 2 The decision will be announced at 9:45 am Eastern, followed by a press conference with Governor Tiff Macklem