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2025-10-29 11:21:44
[Survey: Bank of Canada Expected to Cut Rates by 25 Basis Points This Week] Ten out of 12 economists surveyed by The Wall Street Journal predict that the Bank of Canada will cut interest rates by 25 basis points on Wednesday, bringing its main rate to 2.25%. At this level, the policy rate would be at the lower end of the central bank's estimated neutral stance, a level that neither inhibits nor stimulates growth. The two analysts who predict no change this week expect a rate cut in December, reflecting the gloomy economic environment.
