Will the Bank of Canada cut rates on Wednesday? Trump tariffs have created confusion

Bank of Canada Sees Year-Long Recession in All-Out Trade War

It’s a tale of two economies for the Bank of Canada as it tries to predict outcomes of a global tariff war: a temporary stall in Canadian activity or an outright downturn that lasts a year.

Bank of Canada should and will cut interest rates: CIBC's Benjamin Tal

Benjamin Tal, Deputy Chief Economist CIBC Capital Markets, talks about the impact of uncertainty under Trump on Canada's economy. Watch now

The European Central Bank is likely to cut interest rates for another seventh time thanks to Trump.

Will the Bank of Canada cut rates on Wednesday? Trump tariffs have created confusion

The Bank of Canada’s interest rate decision on Wednesday will be a close call between a 25-basis-point cut and a pause, economists say.

CAD: Tariffs recede into the background for the market, but does the same apply for the BoC? – Commerzbank

The tariffs no longer seem to be a major issue for the CAD, especially since the US administration has exempted Canada from the reciprocal tariffs.

USD/CAD flat lines near 1.3950, BoC rate decision in the spotlight

USD/CAD trades flat around 1.3955 in Wednesday’s early Asian session. The BoC is anticipated to hold rates of interest consistent on Wednesday. Trump stated the automobile market might get exemptions from tariffs. The USD/CAD set holds consistent near 1.3955 throughout the early Asian session on Wednesday. The benefit for the Canadian Dollar (CAD) may be restricted amidst the dovish expectations from the Bank of Canada (BoC). The BoC rate of int…