Bank of Canada Cuts Rates

Bank of Canada considered leaving rates unchanged, governor tells Reuters
The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed to cut for the seventh consecutive time, Governor Tiff Macklem said in an interview on Wednesday.
Bank of Canada Cuts Policy Rate to 2.75% as Economy Faces ‘New Crisis’
The central bank must balance the risk of tariff-fueled higher inflation and the damage to growth from U.S. trade policy, Gov. Tiff Macklem says.
Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy
The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to weigh on the Canadian economy. The policy rate stands at 2.
Bank of Canada to be cautious about future rate moves: Full text
OTTAWA, March 12 (Reuters) - The Bank of Canada released the following statement on Wednesday:
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 cuts key rate to 2.75% as trade war rattles economy
Governor Tiff Macklem says the bank lowered rates to help cushion the impact of trade volatility, but would ‘proceed carefully with any further changes to our policy rate’
Bank of Canada cuts rates to counter tariffs, will be cautious about future moves
By Promit Mukherjee and David Ljunggren OTTAWA, March 12 (Reuters) - The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 2.75% and warned of "a new crisis" as it tried to prepare the economy for the damage that President Donald Trump's tariffs could wreak.
Bank of Canada cuts interest rate in face of economic ‘uncertainty’
The Bank of Canada lowered its key lending rate to 2.75 per cent Wednesday but warns Canada is entering a period of economic uncertainty due to a trade war with the U.S.
Canadian dollar looks through Bank of Canada rate cut and tariff mayhem — for now
The Canadian dollar rose after the Bank of Canada announced its seventh consecutive rate cut as investors appeared to look through the latest moves by policymakers. On Wednesday, the Canadian dollar was up 0.
U.S. trade 'crisis' will drive up prices, Bank of Canada warns after rate cut
Prices will rise, the economy will suffer and the Bank of Canada can't lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States.
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