Bank of Canada cuts key interest rate to 2.5% as U.S. tariff risks shift
OTTAWA — The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday as the central bank worries less about inflation risks and more about a slowing economy.
Canada central bank cuts key lending rate citing Trump tariffs
Canada's central bank cut its key lending rate on Wednesday, offering a boost to borrowers in an economy squeezed by US President Donald Trump's trade war. - Trump has so far maintained tariff exemptions on goods compliant with an existing North American free trade agreement, partly muting the damage to Canada's economy.
Bank of Canada widely expected to lower key lending rate today
OTTAWA — The Bank of Canada is set to announce its interest rate decision today, where it’s widely expected to lower its key lending rate. A quarter-point cut would bring the central bank’s benchmark rate down to 2.5 per cent after three consecutive holds at 2.75 per cent. The bank received a last-minute look at […]
Canada central bank cuts key lending rate citing Trump tariffs
Canada's central bank cut its key lending rate on Wednesday, offering a boost to borrowers in an economy squeezed by US President Donald Trump's trade war. - Trump has so far maintained tariff exemptions on goods compliant with an existing North American free trade agreement, partly muting the damage to Canada's economy.
Canadian Dollar "Ratcheting Lower" on Bank of Canada's Dovish Cut
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last updated on 18 Sep 00:41