The Globe and Mail reports in its Thursday, April 11, edition that the Bank of Canada has maintained its policy interest rate without any changes for the sixth consecutive time. The Globe's Mark Rendell writes that Governor Tiff Macklem, however, has hinted at the possibility of monetary-policy easing in the coming months. He acknowledged that a rate cut in June is a potential option. The BOC's governing council kept the benchmark overnight rate at 5 per cent on Wednesday, a level reached last summer after one of the most aggressive campaigns of rate hikes on record. With price pressures in Canada easing faster than expected in recent months, the bank has become more confident that inflation is moving sustainably back to its target, suggesting interest rates do not need to remain at a two-decade high much longer. High interest rates make it more expensive to borrow money and service debts with the goal of slowing the economy and cooling inflation. Mr. Macklem said a rate cut at the next meeting in June was "within the realm of possibilities." He said: "I'm not going to put it on a calendar. But we've been pretty clear, we're encouraged by the progress we've seen."