Looks like the Bank of Canada's playing it safe this round. Word is they're keeping rates where they are after a wild ride through 2025. Makes sense though – uncertainty's been the name of the game. When central banks hit pause, it usually means they're watching the data closely, trying not to spook markets either way. For those tracking macro trends, this holding pattern could signal cautious optimism or just straight-up hesitation. Either way, liquidity conditions stay steady for now, which matters if you're positioned in risk assets.