Bank of Canada cuts rates

Bank of Canada cuts rates, says tariffs could stoke persistent inflation
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. U.S. President Donald Trump is promising to impose a 25% tariff on all imports from Canada on Saturday.
Tariff War Would Push Inflation Higher in Canada, Macklem Says
Bank of Canada Governor Tiff Macklem has managed to wrestle inflation back under control. But a looming US-Canada tariff war now threatens to undo his work on price stability.
Bank of Canada cuts key interest rate by quarter point to 3%
The central bank announced its sixth cut in a row since June, as looming U.S. tariffs add uncertainty to the economic outlook.
Read what the Bank of Canada head says on ‘major uncertainty’ of tariffs
The Bank of Canada lowered its key interest rate, but its governor warned that U.S. President Donald Trump's proposed tariffs create 'major uncertainty.'
Bank of Canada most likely to cut rates by 25 bps on Wednesday
The Bank of Canada is almost certain to trim its key policy rate by 25 basis points on Wednesday as a slew of factors, from potential cross-border tariffs to a reduced population target, keep the outlook for the economy muted.
Bank of Canada's view on tariff impacts reverberates ahead of Fed decision
The Bank of Canada outlined the possible impacts of an all-out trade war with the U.S. on Wednesday, which could end up having ramifications for Federal Reserve officials. One of the BoC's conclusions was that there could be slower economic growth and higher inflation in both the U.
What a sixth Bank of Canada interest rate cut could mean for mortgages as tariffs loom
A series of five consecutive Bank of Canada (BoC) interest rate cuts through 2024 has offered some relief to mortgage holders and at least a flicker of movement in the housing market, but U.S. President Donald Trump’s tariff threat might blunt the effects of today's rate reduction on household budgets.
Bank of Canada cuts rates, says tariff war could be very damaging
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage.
Canada's annual inflation rate drops to 1.8% in December on sales tax relief
Karen Vasquez, 44, walked out of jail in Cuba on Sunday, part of a deal brokered by the Vatican under which the Biden ...
think3h
Bank of Canada prepares for a trade war
The Bank of Canada has cut the overnight rate by 25bp to 3.0%. Cumulative easing now amounts to 200bp since June. The BoC has ...
Fed meeting live updates: Rate cuts paused as inflation, Trump's plans create uncertainty
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a ...
Fed hold rates steady, says job market is ‘solid’ while inflation ‘remains somewhat elevated’
It's a sign of a more cautious approach as the Federal Reserve seeks to gauge where inflation is headed and what policies ...
Canada Inflation Eases to 1.8% Thanks to Tax Break
Stripping out the effects of the tax holiday, annual inflation ticked up for December to 2.3%.
U.S. Fed holds key rate as it gauges inflation impact of Trump policies
The U.S. Fed signalled a more cautious approach as the it seeks to gauge where inflation is headed and what policies ...