Select Language

BoC cuts 25bps, signals room for more easing - BBH

Breaking news

BoC cuts 25bps, signals room for more easing - BBH

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
update 2025.09.18 20:29
BoC cuts 25bps, signals room for more easing - BBH

update 2025.09.18 20:29

The Bank of Canada's more dovish policy stance relative to the Norges Bank supports the downtrend in CAD/NOK, BBH FX analysts report.

Labor weakness, softer inflation opяen door to further cuts

"Yesterday, the Bank of Canada (BOC) cut the policy rate 25bps to 2.50% (widely expected) after being on hold since April. The BOC noted "there was clear consensus to lower our policy rate" because Canada's labor market has softened further, upward pressures on underlying inflation have diminished, and there is less upside risk to future inflation."

"That suggests more easing is in the pipeline if Canada's labor market shows ongoing weakness. The swaps market is pricing 80% odds of an additional 25bps cut by year-end to 2.25% and some odds of another 25bps reduction to a low of 2.00% over the next 12 months."


Date

Created

 : 2025.09.18

Update

Last updated

 : 2025.09.18

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

China: Export stayed resilient in September on strong demand from nonUS markets - UOB Group

Both China's export and import growth were well-above Bloomberg's consensus forecasts in September. China's exports rose at the fastest pace in six months at 8.3% y/y in September (Bloomberg est: 6.6%, August: 4.4%) and imports jumped sharply by 7.4% y/y (Bloomberg est: 1.8%, August: 1.3%).
New
update2025.10.13 18:43

EUR/GBP dips below 0.8700 on risk aversion, doubts about French government

Euro recovery attempts against the British Pound have been capped at 0.8707 earlier on the day, and the pair retreated to levels right below 0.8700 amid a cautious market mood, although it remains above session lows, at 0.8685 so far.The Common currency is losing ground across the board on Monday mo
New
update2025.10.13 18:40

EUR/USD: Scope to trade upwards but is unlikely to reach 1.165 - UOB Group

Sharp rebound in Euro (EUR) has scope to extend but is unlikely to reach 1.1655. In the longer run, the likelihood of EUR reaching the 1.1490 during this phase of weakness is decreasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
update2025.10.13 18:36

Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
New
update2025.10.13 18:32

EUR: The definition of insanity - ING

Doing the same thing over and over again and expecting different results is often described as Albert Einstein's definition of insanity.
New
update2025.10.13 18:30

CAD: Glimmer of hope on the labour market - Commerzbank

The Canadian labour market figures for September, published on Friday, came as a pleasant surprise. Instead of the expected 5,000 jobs, the Canadian economy created more than 60,000 jobs, led by full-time positions. At the same time, the unemployment rate fell despite a higher participation rate.
New
update2025.10.13 18:25

EUR/JPY Price Forecast: Holds gains near 176.50 due to persistent bullish bias

EUR/JPY gains ground after two days of losses, trading around 176.50 during the European hours on Monday. The technical analysis of the daily chart indicates a prevailing bullish bias as the currency cross remains within the ascending channel pattern.
New
update2025.10.13 17:55

China's Foreign Ministry urges US to act on the basis of equality, respect, and mutual benefit

China Foreign Ministry spokesperson Lin Jian said during a regular press briefing this Monday that if the US is determined to go its own way, China will resolutely take corresponding measures to safeguard its legitimate rights and interests.
New
update2025.10.13 17:48

Dow Jones futures gains due to increased Fed rate cut bets, easing US-China trade concerns

Dow Jones futures climb 1.12% to trade above 46,200 during European hours on Monday, ahead of the opening of the United States (US) regular session. The S&P 500 futures gain 1.52% to rise toward 6,700, while Nasdaq 100 futures surge 2.07% to trade around 24,900 at the time of writing.
New
update2025.10.13 17:22

GBP/JPY Price Forecast: On recovery, aiming for the 203.50 resistance area  

Pound's reversal against the Yen found support near the 38.2% Fibonacci retracement, right below the 202.00 line, and is trading higher again on Monday. The pair has regained the 203.00 level and is approaching the 203.50 area, where it might find significant resistance.
New
update2025.10.13 17:15

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel