The Bank of Canada is expected to cut its key benchmark rate by 25 basis points due to looming U.S. tariffs under President Trump. This decision, influenced by economic uncertainty caused by potential ...
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His comments have created confusion for businesses and investors and clouded economists' projections, making the BoC ... 80%, or 25 out of 31 respondents, said they expect a quarter-point rate cut ...
The BoC reduced its key policy rate by 25 basis points to 3 per cent, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage.