US EditionBank of Canada set for interest rate decision as tariff uncertainty persists
- The Bank of Canada will announce its interest rate decision on June 4, 2025, in Ottawa amid ongoing U.S. Trade uncertainty.
- The central bank held its policy rate at 2.75 percent in April, waiting for clearer impacts from U.S. Tariffs and economic data.
- Economists and polls from LSEG Data & Analytics expect the rate to remain unchanged due to mixed signals from inflation cooling and rising core pressures.
- Annual inflation fell to 1.7 percent in April mainly due to removing the consumer carbon price, but core inflation increased and first-quarter GDP exceeded expectations at 2.2 percent.
- Analysts predict the Bank of Canada may cut rates later in 2025 as economic risks persist, but officials remain cautious amid data uncertainty and trade tensions.
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48 Articles
48 Articles
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Left
13
Center
6
Right
3
The Peterborough Examiner+6 Reposted by 6 other sources
Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses
OTTAWA - Trade-sensitive businesses are telling the Bank of Canada that they’re broadly less worried about their “worst-case tariff scenarios” coming true compared to earlier in the year, a senior central bank official said Thursday.
·Peterborough, Canada
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Most economists expect another break.
·Montreal, Canada
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Winnipeg Free Press+12 Reposted by 12 other sources
Bank of Canada set for interest rate decision as tariff uncertainty persists
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Total News Sources48
Leaning Left13Leaning Right3Center6Last UpdatedBias Distribution59% Left
Bias Distribution
- 59% of the sources lean Left
59% Left
L 59%
C 27%
14%
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