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Bank of Canada Cuts Rates

Wall Street Journal · 16h

Bank of Canada Cuts Rates, Warns of Economic Shock From Trade Conflict

The Bank of Canada on Wednesday cut its benchmark rate for a sixth straight time, and warned of a significant shock to the economy from a U.S.-Canada trade conflict with tariffs of up to 25%.

Hosted on MSN · 22h

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.

Yahoo Finance · 19h

Bank of Canada cuts rates as it warns trade war 'would badly hurt economic activity in Canada'

“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher cost of imported goods will put direct upward pressure on inflation,” Bank of Canada Governor Tiff Macklem said in a prepared opening statement on Wednesday.

Bank of Canada13h

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 ...

1d

Live updates: Bank of Canada cuts key interest rate by another 25 basis points, flags tariffs as ‘major source of uncertainty’

In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That ...

1d

Royal Bank of Canada: Fundamentally Sound, But Wait For Better Valuation

Royal Bank of Canada maintains a low nonperforming loans to total loans ratio, indicating quality loans. See why I rate RY ...

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