‘Very difficult position’: Bank of Canada expected to cut rate amid trade uncertainty

Bank of Canada expected to deliver another rate cut as Trump’s steel and aluminum tariffs come into effect

Analysts will be watching how Governor Tiff Macklem talks about Trump’s tariffs in the press conference at 10:30 a.m. ET, following the rate announcement

Bank of Canada expected to cut benchmark rate to buffer economy against tariffs

The Bank of Canada is expected to announce an interest rate cut today as a cloud of uncertainty looms over the Canadian economy.

Bank of Canada to Cut as Tariffs Strike Economy: Decision Guide

The Bank of Canada is likely to cut interest rates for a seventh straight meeting on Wednesday as the country braces for a trade war that will plunge the economy into recession unless there’s a swift resolution.

Trade war to force Bank of Canada to cut deeper, economists say

The trade battle between the U.S. and Canada is prompting economists to predict the Bank of Canada will lower its policy interest rate to two per cent this year, almost as low as before the COVID-19 pandemic.

Mass. financial experts warn of uncertainty amid ongoing U.S. trade war

U.S. stock markets are jittery as the country delves into a trade war with Canada and Mexico following new tariffs imposed by President Donald Trump's administration.

How will U.S. tariff threat impact Bank of Canada's interest rate announcement?

Experts expect the Bank of Canada to drop the overnight interest rate on Wednesday, but beyond that it is anyone's guess. Find out more.