The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S. tariffs could stoke persistently high inflation.
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.
OTTAWA, Jan 27 (Reuters) - The Bank of Canada will most likely trim its key ... Council will opt for a 25bp (basis points) policy rate cut," Thomas Ryan, an economist at Capital Economics, wrote ...
OTTAWA — The potential for a long trade war with the United States, and the uncertainty it brings even if the threat isn’t ...
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Atlanta Federal Reserve president Raphael Bostic told Yahoo Finance that interest rate cuts are still on the table this year ...
The Bank of Canada is expected to cut its policy rate by 25 basis points on Wednesday, amid widespread trade uncertainty with the United States. The central bank’s interest rate currently sits at 3.25 ...
(Bloomberg) -- The Bank of Canada cut interest rates by a quarter percentage point and stopped giving guidance on any further adjustments to borrowing costs as the threat of tariffs from the Trump ...
He noted there's still much uncertainty about new tariffs ... thought the Bank of Canada was being extra careful not to point in any direction about the path for future rate cuts or a pause. " ...
Economists are more confident the Bank of Canada might pause its interest rate cuts next month — tariffs notwithstanding — as ...
Inflation is creeping up again, possibly leading the Bank of Canada to pause cuts to its key interest rate at the next meeting on March 12 following consecutive reductions since June, economists say.
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'A new crisis on the horizon': Bank of Canada governor warns of devastating effects of trade warU.S. tariffs and Canada’s retaliation to them would have a devastating effect on the economy, pulling growth down while reigniting inflation, said Bank of Canada governor Tiff Macklem. “A new crisis ...
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