Bank of Canada cuts interest rate as trade war ‘doesn’t bode well’
The central bank cut its benchmark rate by 25 basis points, bringing it down to 2.75 per cent. This was the bank’s seventh consecutive interest rate cut.
The Canadian Press on MSN1d
Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy
The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United ...
CBS News6d
Some economists think U.S. inflation is likely to rise in 2025
as a major reason they're bracing for higher inflation. President Trump on Friday again suspended 25% tariffs on Canada and Mexico, the second time he has paused steeper levies on the two largest ...
The Canadian Press on MSN3d
'Very difficult position': Bank of Canada expected to cut rate amid trade uncertainty
The Bank of Canada's interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war ...
The Canadian Press on MSN7d
Trump, tariffs overtake inflation as top concern for Canadians in new poll
A new poll suggests the trade war with the United States is now the biggest source of political anxiety for Canadians, ...
Trump's Mexico, Canada tariffs are ‘clearly' going to cause inflation, says shipping giant Maersk
There will ‘clearly’ be an inflationary impact from President Trump’s tariffs on Mexico, Canada and China, according to shipping giant Maersk.