The Bank of Canada is poised to lower its interest rates for a seventh consecutive meeting as trade tensions rise, threatening to push the economy into recession. Economists predict Governor Tiff Macklem’s team will set the policy rate at 2.75%, the lowest level since September 2022.
Source: https://www.bloomberg.com/news/articles/2025-03-11/bank-of-canada-to-cut-as-tariffs-strike-economy-decision-guide