Tariff Threat to Push Bank of Canada

UPDATE 1-Bank of Canada cuts rates, says tariff war could be very damaging
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage.
Tariff Threat to Push Bank of Canada Toward Sixth Straight Rate Cut
Economists are divided on the Canadian rate outlook should President Trump follow through on his 25% tariff pledge.
Bank of Canada expected to cut interest rate by quarter point as tariff threat looms
The Bank of Canada is expected to cut its policy rate by 25 basis points on Wednesday, amid widespread trade uncertainty with the United States. The central bank’s interest rate currently sits at 3.25 per cent,
Bank of Canada expected to cut interest rates again: here’s why
The Bank of Canada is expected to lower its key interest rate by 25 basis points on Wednesday, as mounting trade tensions and political uncertainty weigh on the country’s economic outlook. With potential US tariffs on Canadian goods looming and both federal and provincial elections on the horizon,
What a sixth Bank of Canada interest rate cut could mean for mortgages as tariffs loom
A series of five consecutive Bank of Canada (BoC) interest rate cuts through 2024 has offered some relief to mortgage holders and at least a flicker of movement in the housing market, but U.S. President Donald Trump’s tariff threat might blunt the effects of another rate reduction on household budgets.
What Bernard Arnault’s optimism for the U.S. could mean for LVMH’s position under ‘tariff man’ Trump
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Howard Lutnick’s Rebirth as One of Trump’s Tariff Men
Wall Street executive and incoming Commerce secretary has emerged as a hawkish protectionist.
Oil prices dip as US crude inventories surge, tariff concerns loom
Oil prices fell on Wednesday, following a rise in U.S. crude stockpiles and easing worries over Libyan supply, while focus ...
Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes
President Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate ...
Oil Falls Amid U.S. Tariff Fears, Stockpiles Outlook
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GM results aren't enough for investors, shares skid 9% on tariff worries
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, ...
Mazda: Sales Incentives Getting Aggressive, Also Tariff Risks
The US market is a jewel in Mazda's (MZDAY) crown and had been benefiting from a weak Yen profit wedge. Read why I'm neutral ...
UBS foresees more tariff threats and asset volatility ahead
Tariff risks to Europe and China may be underappreciated at the moment, with the possibility that the latter could see its effective rate rise to 30% from roughly 11%, according to UBS. “We anticipate ...