The move reduces the short-term rate to a range between 1.5% and 1.75%
Positive economic data should mean the Bank of Canada holds
Two newly released reports find that central banks' extreme monetary policy measures were justified
Several analysts said a new package could come at a September meeting
National Bank Financial predicts the BoC would prefer to avoid making any notable shifts
The central bank held its benchmark rate Wednesday
The central bank's benchmark short-term rate will remain in a range of 2.25% to 2.5%
An aging population that takes on less debt is less sensitive to changes in interest rates
Low interest rates have encouraged households to take on debt
International bank calls for rebalancing of policy and structural reforms to encourage long-term growth