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bank-of-canada-expected-to-cut-key-rate-despite-mixed-inflation,-jobs-data
Bank of Canada Expected to Cut Key Rate Despite Mixed Inflation, Jobs Data

Bank of Canada Expected to Cut Key Rate Despite Mixed Inflation, Jobs Data

Last updated: October 27, 2025 5:54 pm
By The Canadian Press
1 Min Read
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Bank of Canada Expected to Cut Key Rate Despite Mixed Inflation, Jobs Data

A cyclist rides past the Bank of Canada in Ottawa, on Sept. 17, 2025. The Canadian Press/Adrian Wyld

Most economists expect the Bank of Canada will look past strong jobs data and signs of stubbornness on the inflation front to deliver a second consecutive interest rate cut this week.

BMO chief economist Doug Porter is among those expecting a second straight cut on Wednesday, but he admits recent economic data hasn’t perfectly lined up with that call.

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