Financial Post ~ June 17th, 2025
There is a diversity of views among members of the Bank of Canada’s governing council on the best path forward for interest rates as they assess the pressures that trade disruptions could have on inflation, according to a summary of their deliberations released on Tuesday.
“The weaker the economy and the more downward pressure on inflation, the more there would be a need to lower the policy interest rate further,” the deliberations said. “However, if the recent firmness in underlying inflation were to persist, it would be more difficult to cut the policy rate.”
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