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Bank of Canada, trade war and January rate cut

Hosted on MSN · 1d

Bank of Canada says trade war will hurt Canada more than the United States

The Bank of Canada’s governing council members think Canada’s economy will be hurt more by a protracted trade war than that of the United States, according to minutes released by the central bank on Wednesday.

Wall Street Journal · 1d

Bank of Canada Cut Rates to Shield Economy From Possible Trade Fallout, Minutes Say

A need to fuel faster growth and shield the economy from U.S. trade-policy uncertainty led senior Bank of Canada officials to agree on a quarter-point rate cut last month, according to minutes summarizing central bank deliberations.

The Canadian Press on MSN · 1d

January rate cut came as Bank of Canada weighed U.S. tariff threat

The potential for prolonged trade war with the United States weighed heavily on the Bank of Canada when it decided to cut its interest rate to three per cent last month.

6d

Leaving Fed behind, top central banks have room to ease

A limited "decoupling" from the U.S. Federal Reserve could continue as it pauses its own policy easing, analysts say.

2don MSN

Fed chair Jerome Powell brushes off possibility Trump could fire Fed officials: ‘Well, it’s pretty clearly not allowed under the law’

Federal Reserve Chair Jerome Powell reiterated that he doesn’t believe the president of the United States has the authority ...

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