A man speaks on the phone as he walks past the Bank of Canada in Ottawa on Wednesday, Sept. 17, 2025. THE CANADIAN PRESS/ Photo by Adrian Wyld/The Canadian Press files

Economists say the Bank of Canada ‘s latest 25-basis-point cut to its benchmark interest rate to 2.25 per cent means the economy will have to materially miss the outlook for growth and other metrics for policymakers to cut again soon.

The Bank of Canada said monetary policy can only do so much to shield to the economy given the major changes it is undergoing due to the United States trade war .

“If inflation and economic activity evolve broadly in line with the October projection, the Governing Council sees the current policy rate at about the right level to keep inflation close to two per cent while helping t

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