The Bank of Canada is preparing to announce its decision on the key interest rate

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The Bank of Canada must announce its sixth decision on the key interest rate this Wednesday. The majority of experts and financial markets anticipate that the central bank will maintain its current key interest rate of 2.25% since the end of last year. This decision comes as the economy faces uncertainty from US tariffs and rising global energy prices linked to the conflict in Iran. Although inflation reached 3% in July, the price index remains volatile, while the economy and labor market show signs of recovery despite trade tensions.