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Bank of Canada Expected to Cut Rates Amid Trade Tensions

10/27/2025

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Summary

Story summary

The Bank of Canada is expected to cut interest rates by 0.25 percentage point to 2.25% amid trade uncertainties while U.S. President Donald Trump threatens additional tariffs on Canada.
Governor Tiff Macklem expects slow growth in the coming quarters despite a rebound in employment and inflation near 2.4%.
The upcoming Monetary Policy Report will provide further insights into the Bank of Canada's forecasts and policy direction.

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Story summary

The Bank of Canada is expected to cut interest rates by 0.25 percentage point to 2.25% amid trade uncertainties while U.S. President Donald Trump threatens additional tariffs on Canada.
Governor Tiff Macklem expects slow growth in the coming quarters despite a rebound in employment and inflation near 2.4%.
The upcoming Monetary Policy Report will provide further insights into the Bank of Canada's forecasts and policy direction.