Bank of Canada Pivots to the Economy

The Bank of Canada cut rates by 25 bps, but the press conference showed they’re more worried about the economy than inflation. With job losses, easing price pressures, and counter-tariffs fading, more cuts could be on the way. #bankofcanada #canadianeconomy #Canadianrecession Links: Interest rate decision and press conference / Décision du taux directeur et point de presse: https://www.youtube.com/watch?v=8w8K3ql4H9k Bank of Canada lowers policy rate to 2½%: https://www.bankofcanada.ca/2025/09/fad-press-release-2025-09-17/ Monetary Policy Decision Press Conference Opening Statement: https://www.bankofcanada.ca/2025/09/opening-statement-2025-09-17/ Bank of Canada cuts key interest rate to 2.5% in a ‘clear consensus’ : https://www.thestar.com/business/bank-of-canada-cuts-key-interest-rate-to-2-5-in-a-clear-consensus/article_170a9ac3-2564-4ea0-80be-1889181a46bf.html Bank of Canada cuts key interest rate to 2.5% as U.S. tariff risks shift: https://www.castanet.net/news/Business/572807/Bank-of-Canada-cuts-key-interest-rate-to-2-5-as-U-S-tariff-risks-shift Carney government to table first budget on Nov. 4: https://www.cbc.ca/news/politics/carney-government-budget-november-1.7635345 Canadian economy bled 66,000 jobs in August as unemployment rate at its highest since 'pandemic days': https://www.cbc.ca/news/business/canadian-economy-bled-66-000-jobs-in-august-as-unemployment-rate-at-its-highest-since-pandemic-days-1.7625918 Canada removing retaliatory tariffs on CUSMA-compliant U.S. goods: https://www.cbc.ca/news/politics/canada-removing-retaliatory-tariffs-1.7614909 Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.