5 h. ago Bank of Canada expected to make deeper rate cuts amid stock rout, job losses

Traders put the odds at about a coin flip for another rate cut on April 16

Economics

3 w. ago Bank of Canada expected to cut benchmark rate to buffer economy against tariffs

OTTAWA — The Bank of Canada is expected to announce an interest rate cut today as a cloud of uncertainty looms over the Canadian economy. Economists polled by Reuters widely see the central bank lowering its key lending rate to 2.75 per cent, which would mark its seventh consecutive cut. The decision comes as a […]

Economics

3 w. ago Trump’s escalating trade war looms over Bank of Canada rate announcement

Economists are expecting a further rate cut by the Bank of Canada on Wednesday as the threat of tariffs by U.S. President Donald Trump continues to loom over Canada.

Economics

3 w. ago How will U.S. tariff threat impact Bank of Canada's interest rate announcement?

Experts expect the Bank of Canada to drop the overnight interest rate on Wednesday, but beyond that it is anyone's guess

Economics

3 w. ago Bank of Canada expected to cut interest rate on Wednesday as trade uncertainty with U.S. continues

Balancing weaker economic growth but higher inflation, central bank may trim rate by 25 basis points to 2.75 per cent

Economics

3 w. ago Bank of Canada expected to cut interest rate amid U.S. trade war

The Bank of Canada's interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States.

Economics

3 w. ago ‘Very difficult position’: Bank of Canada expected to cut rate amid trade uncertainty

OTTAWA — The Bank of Canada’s interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States. Most economists expect the central bank will deliver another quarter-point rate cut while it waits to see how long the dispute with Canada’s largest trading partner lasts. The […]

Economics

4 w. ago Bank of Canada interest rate change is coming next week and here's what to expect

The Bank of Canada (BoC) brought its key interest rate down by 0.25 per cent to three per cent in 2025's first update in January.At the time, 25 per cent tariffs from the U.S. were a threat, and expert speculation took them into account.The tariffs became a reality earlier this week. Days into tariffs taking effect, U.S. officials hinted at pausing tariffs for another month and removing certain agricultural products from the list of tariffed items.On Thursday afternoon, U.S. President Donald Trump partially reversed sweeping tariffs on some items for another month. The White House said goods compliant with the North American trade agreement will be exempt until April 2.Overall, there is growing uncertainty, and tariffs remain a swinging pendulum.This year's second BoC interest rate update is scheduled for Wednesday, March 12. This time, industry experts have more tariff-related concerns, including the U.S.'s game of will-they-won't-they. Once again, many predict a consecut...

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