Canadian Dollar and Tariff
The Bank of Canada implemented a widely expected 25-bps rate cut, lowering its benchmark rate to 2.75%. The cautious messaging that accompanied the decision was unsurprising, as markets remain focused…
Month: March 2025
Bank of Canada Lowers Rates Amid Escalating Trade War with the U.S.
The Bank of Canada has lowered its policy rate by 25 basis points to 2.75% as trade tensions between Canada and the U.S. intensify. Overnight, the U.S. imposed a 25%…