1026 ET - The Bank of Canada's No. 2 official reiterates the central bank is determined to keep inflation in check during a turbulent period for the economy. Carolyn Rogers, the BOC's senior deputy governor, tells a University of Toronto audience the domestic economy faces a period of disruption, due to widespread deployment of AI and a dramatic shift in U.S. trade policy. "What we don't want to add to a period of disruption and transition is inflation," Rogers says. Even amid signs of weakness, the BOC has kept its policy rate unchanged at 2.25%, or the lower end of its estimated range for the neutral rate. BOC officials, like Rogers, have argued the policy rate, at 2.25% is appropriate to support the economy and keep inflation near 2%. (paul.vieira@wsj.com; @paulvieira)

(END) Dow Jones Newswires

February 12, 2026 10:26 ET (15:26 GMT)

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