TSX declines as Bank of Canada holds interest rates
The TSX fell 0.3% as the Bank of Canada held rates at 2.25%. Investors await the U.S. Fed update while mining losses offset gains in the energy sector.
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Canada's S&P/TSX composite index fell 0.3% to 33,486.15 on Wednesday morning as sliding metal prices offset energy gains. The decline marks a fifth consecutive session of losses, the longest streak for the index since December 2024. Investors are recalibrating portfolios as central banks weigh persistent energy-driven inflation against cooling economic growth projections.
