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Canada Holds Steady: Interest Rate Pause Signals Cautious Confidence

                      The Bank of Canada also held its policy rate at its last scheduled rate announcement in December. The Bank of Canada has opted to keep its key interest rate at 2.25% , a move that underscores a careful balancing act as the country approaches a pivotal moment in North American trade relations. With CUSMA (the Canada‑United States‑Mexico Agreement) negotiations on the horizon, policymakers appear intent on maintaining stability while assessing potential economic turbulence. The decision reflects a mix of optimism and prudence. Inflation has been easing gradually, giving the central bank some breathing room. At the same time, global economic uncertainty and the high stakes of upcoming trade talks mean officials are reluctant to introduce new variables into the financial system. By holding the rate steady, the Bank of Canada signals confidence in the economy’s underlying resilience while acknowledgin...
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Cranberry Pistachio Biscotti

 

Ingredients:

  • 2 cups all-purpose flour
  • 1 1/2 teaspoons baking powder
  • 3/4 cup sugar
  • 1/2 cup unsalted butter, room temperature
  • 1 teaspoon grated lemon zest
  • 1/4 teaspoon salt
  • 2 large eggs
  • 1 cup shelled pistachios
  • 2/3 cup dried cranberries

Instructions:

  1. Preheat oven to 350°F. Line a large baking sheet with parchment paper.
  2. In a medium bowl, whisk together flour and baking powder.
  3. In a large bowl, beat sugar, butter, lemon zest, and salt until light and fluffy.
  4. Add eggs one at a time, beating well after each addition.
  5. Gradually add flour mixture, beating until just blended.
  6. Stir in pistachios and cranberries.
  7. Divide dough in half. With floured hands, shape each half into a 2 1/2-inch-wide, 9 1/2-inch-long log.
  8. Place logs on prepared baking sheet, spacing apart.
  9. Bake logs for 25 minutes. Logs will spread.
  10. Reduce oven temperature to 300°F. Bake logs until golden brown, about 30 minutes longer.
  11. Cool logs completely on sheet on rack.
  12. Transfer logs to work surface; discard parchment paper.
  13. Using a serrated knife, cut logs crosswise into generous 1/2-inch-thick slices.
  14. Place slices, cut side down, on same sheet. Bake 12 minutes.
  15. Turn biscotti over; bake until just beginning to color, about 8 minutes.
  16. Transfer biscotti to rack and cool.

Enjoy your delicious Cranberry Pistachio Biscotti!

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