Tiff Macklem, the governor of Bank of Canada, was held at the Paea -4 September 4th, on Wednesday, September 4, 2024 at the Paea -in Ontaka, Canada.
David Kawai | Bloomberg | Getty image
this Bank of Canada On Wednesday, its key policy interest rate increased by 25 basis points to 3 %, cutting growth forecasts, and warning Canadians Tallaf is US trigger may cause significant Economic damageEssence
US president Donald Trump It is expected to be forced All imported 25 % tariffs imported from Canada Saturday. Canada sends 75 % of all commodities and services to the United States.
“Slayer and extensive trade conflicts will seriously hurt Canadian economic activity“Tiff Macklem said at the opening speech at the press conference. The prospect of this war was covered with economic prospects.
if Canada The bank said that this may reduce the growth rate of Canada by 2.5 percentage points in the first year, and 1.5 percentage points in the second year, and pointed out that this is not a prediction, but a prediction, but a predictive assumption.
The cutting on Wednesday marked the sixth consecutive time that the bank had reduced the cost of lending. Inflation has maintained about 1-3 % of the target range of the bank, but economic growth is still dull.
The bank said in a statement: “As the inflation rate is about 2 % and the economic supply is too much, the council decides to reduce the policy interest rate by 25 basis points to 3 %.”
The Canadian dollar extended the loss after the interest rate decision, the US dollar fell to 1.4433 to 1.4433 U.S. dollars, or 69.29 U.S. US scores.
In the announcement of the next monetary policy decision -making announcement on March 12, almost 50 % of the opportunity reduced the chance of nearly 50 % in the next monetary policy decision on March 12.
Doug Porter, chief economist of BMO Capital Markets, said: “Bank of Canada will be in a difficult situation, but we believe that if we face the situation (US tariffs), they will become more positive.”
该银行的挑战是，美国关税既可能推动通货膨胀率提高通货膨胀率，从理论上讲促使人们需要更高的利率- 也削减了增长，这在纸张上可能意味着更多的刺激，以较Low interest rate form.
“With a tool-our policy interest rate-we cannot tend to be weaker output and higher inflation at the same time.” He said that although the inflation rate is low, the bank can help the economy can help the economy adapt.
The bank also announced that its quantitative tightening plan aims to exhaust the excessive liquidity of pumping the economy in the economy during the period, which will end in March.
BOC has always been one of the most aggressive banks to reduce tax rates, reducing the country’s economic growth prospect from 2.1 % in 2025 to 2.1 % in October. The economy will increase by 1.8 % in 2026 to 2.3 % lower than early forecasts.
The central bank has increased the forecast of inflation from 2.2 % in 2025 to 2.3 %, and from 2.0 % in 2026 to 2.1 %. The prediction does not take into account US tariffs.
Canada’s economy has been shrinking among the masses for six consecutive quarters, and most of the growth observed has been supported by the population.
With the federal government’s new road to immigrants, Canada’s population may decrease 0.2 % in 2025 and 2026.
