Weaker Economy, End to some Retaliatory Tariffs Spurred Bank of Canada Cut: Summary
9 Articles
9 Articles
Weaker economy, end to some retaliatory tariffs spurred Bank of Canada cut: summary
A weakening economy and the removal of most retaliatory tariffs helped convince the Bank of Canada that a cut to its key policy rate was warranted. The Bank of Canada released its summary of deliberations on Wednesday from the meeting ahead of its Sept. 17 decision to cut its benchmark rate by a quarter-percentage point […]
Weaker Economy, End To Some Retaliatory Tariffs Caused Bank Of Canada Cut: Summary - Canadian Manufacturing
A weakening economy and the removal of most retaliatory tariffs helped convince the Bank of Canada that a cut to its key policy rate was warranted. The Bank of Canada released its summary of deliberations on Oct. 1 from the meeting ahead of its Sept. 17 decision to cut its benchmark rate by a quarter-percentage point to 2.5 per cent. “In reviewing all these factors, governing council judged that the balance of risks had shifted in favour of cutt…
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