刚刚宣布：不降息！

Core Viewpoint - The Bank of Canada (BoC) has decided to maintain its overnight rate target at 2.25%, aligning with market expectations [1][3]. Group 1: Monetary Policy Decisions - The BoC's decision to keep the policy rate unchanged is seen as appropriate to support the economy during its structural transition while controlling inflation pressures [2][3]. - The central bank has previously lowered the key interest rate four times this year, totaling a reduction of 100 basis points [3]. Group 2: Economic Indicators - The Canadian economy has shown resilience despite challenges, with the Consumer Price Index (CPI) inflation rate remaining close to the 2% target for over a year [2]. - In November, Canada added approximately 53,000 jobs, significantly exceeding market expectations, and the unemployment rate decreased to 6.5% [3]. - The third quarter GDP unexpectedly grew at an annualized rate of 2.6%, reinforcing the view that the economy is recovering from previous trade tensions and U.S. tariffs [3]. Group 3: Uncertainties and Future Outlook - The BoC acknowledges high levels of uncertainty, particularly regarding U.S. trade policies and their impact on Canadian businesses [3]. - The central bank is prepared to take responsive measures if economic conditions change significantly [2].