Canada, GDP and benchmark interest rate

Bank of Canada: GDP level would be permanently hit by protracted U.S. trade war
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Bank of Canada rate cut reflects U.S. tariff threat, officials fear permanent GDP hit
Bank of Canada officials decided to cut its benchmark interest rate by 25 basis points to 3% last month to better balance inflation risks, and support the economy in light of U.S. President Donald Trump's tariff threat as "the adverse impact on the level of GDP would be permanent."
Bank of Canada Cut Rates to Shield Economy From Possible Trade Fallout, Minutes Say
A need to fuel faster growth and shield the economy from U.S. trade-policy uncertainty led senior Bank of Canada officials to agree on a quarter-point rate cut last month, according to minutes summarizing central bank deliberations.
Bank of Canada cuts rates, says tariffs could stoke persistent inflation
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S. tariffs could stoke persistently high inflation. U.S. President Donald Trump is promising to impose a 25% tariff on all imports from Canada on Saturday.
Bank of Canada2d
Price check: Inflation in Canada
That’s because inflation in Canada has been close to 2 per cent per year for the past 25 years or so. In 1991, the Government of Canada and the Bank of Canada agreed it would be good for ...
Financial Post24d
Bank of Canada's job 'far from done': What economists are saying about the inflation data
Here’s what economists think the data means for the Bank of Canada and interest rates. Canadians should expect some inflation volatility and a rebound above two per cent in March once the ...
Risk of Fed rate hike rises on U.S. inflation possibly spelling 'bad news' for Bank of Canada
Inflation in the United States appears to be heading in the wrong direction, which has some economists worried that the U.S.
Forbes7d
The Bank Of Canada Cuts Key Interest Rate to 3%
inflation and monetary policy in Canada. The Bank is committed to maintaining price stability for Canadians.” Douglas Porter, Chief Economist and Managing Director Economics, BMO: “Today’s ...
Financial Post7d
Posthaste: RBC, TD say tariffs will force Bank of Canada to pick growth over inflation
If a new round of tariffs ever comes into play, they could force the Bank of Canada to set aside its inflation mandate to protect the country’s growth, say several prominent economists. “Markets ...
Global News24d
Inflation slows ahead of Bank of Canada’s 1st rate decision of 2025
1:40 Canada’s tax ‘holiday’ has had mixed results, businesses say December’s inflation data offered a mixed bag to the Bank of Canada as it gears up for its first interest rate decision of ...
FXStreet7d
Bank of Canada (BoC)
using its monetary policy framework to keep low and stable inflation. Financial system: The bank promotes safe, sound, and efficient financial systems within Canada and internationally ...