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‘A cut is in store’: Bank of Canada announcement coming March 12, and here’s what is predicted

The Bank of Canada is expected to cut its interest rate by a quarter-point to 2.75 percent due to trade uncertainty with the United States.
Desjardins predicts Canada may enter a recession by mid-year if steep U.S. Tariffs persist, affecting economic recovery.
Tiff Macklem stated that broad-based tariffs could hinder the recovery of the Canadian economy, limiting bounce-back effects.
The Bank of Canada must support economic growth while managing rising inflation risks from tariffs.

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Financial Post

Bank of Canada could slash rate below 2% if 'madness continues:' Benjamin Tal

Benjamin Tal of CIBC World Markets talks about how the Bank of Canada could slash the benchmark interest rate below 2% in 2025. Watch here.

3 days ago·Canada

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Calgary Herald

Energy, trade investments ’imperative’ in rocky times: Canada Infrastructure Bank CEO

The head of the Canada Infrastructure Bank says the power and export-enabling projects the Crown corporation backs are more crucial than ever as trade tumult intensifies with the United States.

3 days ago·Calgary, Canada

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Bloomberg

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.

3 days ago·United States

Brace for a rate cut: Bank of Canada to announce key interest changes tomorrow

With Canada's economy hanging in the balance of tariff wars with the United States, economists believe the Bank of Canada will lower its interest rate.

3 days ago·Cambridge, Canada

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CP24

+18 Reposted by 18 other sources

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

The Bank of Canada’s interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States.

4 days ago·Toronto, Canada

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The Record

+7 Reposted by 7 other sources

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

OTTAWA - The Bank of Canada's interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States.

5 days ago·Waterloo, Canada

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