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 economyThe Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United ...
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 MSN8d
Trump, tariffs overtake inflation as top concern for Canadians in new pollA new poll suggests the trade war with the United States is now the biggest source of political anxiety for Canadians, ...
The Canadian Press on MSN4d
'Very difficult position': Bank of Canada expected to cut rate amid trade uncertaintyThe Bank of Canada's interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war ...
There will ‘clearly’ be an inflationary impact from President Trump’s tariffs on Mexico, Canada and China, according to shipping giant Maersk.
The White House insists tariffs will not bring inflation, but the economic impact of President Donald Trump's tariffs, whether on Mexico, Canada, China, or any nation is "clearly" going to be ...
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