BANK OF CANADA CUTS KEY RATE 25BPS TO 2.25%, SIGNALS PAUSE

Oct-29 13:45
  • BANK OF CANADA CUTS KEY RATE 25BPS TO 2.25%, SIGNALS PAUSE
  • BOC SAYS CURRENT RATE CAN KEEP CPI NEAR 2% IF FORECAST HOLDS
  • BANK OF CANADA SAYS PREPARED TO RESPOND IF ITS OUTLOOK CHANGES
  • BOC SEES 2026 GROWTH OF 1.1%, SAYS SLACK TAKEN TO BE UP SLOWLY
  • BOC SAYS HAS LIMITED ROLE HELPING CANADA ADJUST TO TRADE SHOCK