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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.
Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%.
What the new Bank of Canada interest rate cut means for Canadians
In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the country’s central bank announced it had reduced the policy rate from 3.25% to 3%.
1d
on MSN
What a sixth Bank of Canada interest rate cut could mean for mortgages as tariffs loom
The tariff threat, coupled with cost-of-living constraints that remain front and centre for many Canadians, might blunt the ...
6h
on MSN
Posthaste: CIBC economist warns tariffs not all that's muddying interest rate waters
But Canada’s economy is in a state of “excess supply,” according to the Bank of Canada governor, while the unemployment rate ...
1d
Canadian dollar edges lower as BoC cuts rates on tariff risk
The Canadian dollar weakened against the greenback on Wednesday as the Bank of Canada cut interest rates to support the economy ahead of expected U.S. trade tariffs, helping to widen the gap between ...
The Canadian Press on MSN
1d
Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: experts
The gap in interest rate policies between Canada and the U.S. widened further as the Bank of Canada cut its key lending rate ...
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