Both the Bank of Canada and the Federal Reserve announced on July 30 that interest rates would remain unchanged. In Canada that means it's key lending rate stays put at 2.75%, and in the U.S. at 4.25%. This is the fifth straight time the U.S. has held it's rate. And in Canada, the bank says the decision to hold came with a clear consensus. So as we have passed the mid-way point of the year, with the rate steady, inflation sticky, and tariff uncertainty still an issue, what does this all mean to the average investor, their investments, and their wallets? Portfolio manager David Tulk joins the Upside today. Recorded on July 31, 2025. At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.