China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
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ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
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Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
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Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists 
RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
The Bank of Canada (BoC) cut its benchmark interest rate to 2.25% on Wednesday, a move that was generally expected by markets. The central bank's most recent policy statement, the first since January, provided a clearer picture of how US trade moves are affecting Canada's economy and inflation outlook.
The Bank of Canada now forecasts 1.2% GDP growth in 2025, 1.1% in 2026, and 1.6% in 2027, indicating a gradual but consistent recovery. Inflation is predicted to hover near the 2% target for the projection period, albeit underlying price pressures remain slightly excessive at roughly 2.5%.
Policymakers highlighted that the current rate level is suitable for stabilizing inflation while cushioning the economy during a period of structural restructuring. However, the Governing Council reaffirmed that it stands ready to change policy if inflation or economic trends depart from expected levels.
