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Canada Holds Steady: Interest Rate Pause Signals Cautious Confidence

                      The Bank of Canada also held its policy rate at its last scheduled rate announcement in December. The Bank of Canada has opted to keep its key interest rate at 2.25% , a move that underscores a careful balancing act as the country approaches a pivotal moment in North American trade relations. With CUSMA (the Canada‑United States‑Mexico Agreement) negotiations on the horizon, policymakers appear intent on maintaining stability while assessing potential economic turbulence. The decision reflects a mix of optimism and prudence. Inflation has been easing gradually, giving the central bank some breathing room. At the same time, global economic uncertainty and the high stakes of upcoming trade talks mean officials are reluctant to introduce new variables into the financial system. By holding the rate steady, the Bank of Canada signals confidence in the economy’s underlying resilience while acknowledgin...
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Trump Administration Signals Shift on Auto Tariffs

The Trump administration has announced plans to mitigate the impact of auto tariffs, aiming to ease tensions with trading partners and support domestic industries. 

Officials suggest that the move could involve reducing tariff rates or introducing exemptions for certain countries or products. This decision comes amid growing concerns about the economic repercussions of high tariffs on the automotive sector, including potential job losses and increased costs for consumers.

 While details remain unclear, the administration's shift signals a willingness to balance protectionist policies with broader economic considerations.


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