Jan. rate cut came

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.
January rate cut came as Bank of Canada weighed U.S. tariff threat
The potential for a long trade war with the United States, and the uncertainty it brings even if the threat isn’t realized, weighed heavily on the Bank of Canada’s governing council when it decided to cut interest rates last month.
Bank of Canada Lowers Rates as Tariff Concerns Grow
Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut interest rates last month.
7 powerful ways the Bank of Canada’s rate cut could change your financial future
Who benefits from the latest Bank of Canada rate announcement? Learn how to use the latest rate drop to boost your financial goals
Bank of Canada Adds Second Outsider to Rate-Setting Council
The Bank of Canada has appointed Michelle Alexopoulos to the central bank’s second outsider position, expanding its interest-rate setting council to seven.
Trump tariffs would push Bank of Canada to cut interest rates more this year, says BMO
U.S. President Donald Trump’s tariffs would push Canada’s economy into a recession and cause unemployment to surge, BMO’s chief economist said in a research note, likely pushing the Bank of Canada to cut its benchmark interest rate at its next six meetings through October.
The Bank Of Canada Cuts Interest Rate To 3% As U.S. Tariff Threat Looms
BoC lowered its overnight rate by 25bps as Trump threatens to implement a 25% tariff on Canadian goods entering the US. James Marple discusses the impact on monetary policy going forward.
Bank of Canada says trade war will hurt Canada more than the United States
The Bank of Canada’s governing council members think Canada’s economy will be hurt more by a protracted trade war than that of the United States, according to minutes released by the central bank on Wednesday.
Bank of Canada Sees Tariffs Souring Investment and Confidence
Bank of Canada officials acknowledged the economic uncertainty created by a potential trade battle supported their decision ...
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The Bank Of Canada Cuts Key Interest Rate to 3%
The Bank of Canada (BoC) last raised its key interest rate to 5% on July 12, 2023, marking the first time since April 2001 that the rate had hit the 5% mark. Before that pause, a series of ...
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Prime Rate in Canada: What It Is, How It’s Set
The prime rate is a base rate set by Canadian banks to determine the variable interest rates they can charge on lending products, such as mortgages and loans. Many or all of the products ...
Interest rates LIVE: Bank of England decision due today for millions of households with a mortgage
The Mirror will be posting regular live updates ahead of the latest Bank of England interest rates decision, which is due at ...
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.
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What Is an Interest Rate?
Interest rates can fluctuate regularly. Inflation, market conditions and Bank of Canada policy changes are some of the broader factors influencing individual bank rates in Canada. BoC’s ...
Bank of England slashes growth hopes for British economy in 2025
The Bank of England lowered its main interest rate by a quarter of a percentage point to 4.50 per cent, taking it to its ...