Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
RBA Deputy Governor Says November Inflation Slowdown Helpful but Still Above Target 
Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
U.S. Prosecutors Investigate Fed Chair Jerome Powell Over Headquarters Renovation 
Thailand Economy Faces Competitiveness Challenges as Strong Baht and U.S. Tariffs Pressure Exports 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
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.
