Bank of Canada expected to cut rate amid trade uncertainty

Trade War to Force Bank of Canada to Cut Deeper, Economists Say
The trade battle between the US and Canada is prompting economists to predict the Bank of Canada will lower its policy interest rate to 2% this year, almost as low as before the Covid-19 pandemic.
Bank of Canada Expected to Deliver Seventh Straight Cut on Trade Turmoil
Nearly all economists surveyed anticipate a seventh straight rate reduction as policy uncertainty hits business confidence.
Bank of Canada expected to cut interest rate on Wednesday as trade uncertainty with U.S. continues
The Bank of Canada is expected to cut its interest rate by 25 basis points on Wednesday, amid trade uncertainty with the United States. The move would bring the policy rate to 2.75 per cent and mean a seventh consecutive cut to the central bank’s policy rate,
Bank of Canada expected to cut rate amid trade uncertainty
After six consecutive cuts to bring the Bank of Canada’s interest rate down to three per cent, Bartlett said the “economic tea leaves” should have been telling the central bank to pause its easing cycle and wait to see where inflation and the economy settled in the coming months.
Canadian dollar weakens ahead of expected interest rate cut
By Fergal Smith TORONTO - The Canadian dollar weakened against its U.S. counterpart on Monday as investors bet that the Bank of Canada would continue its easing campaign this week to support an economy threatened by U.
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