Economists anticipate the Bank of Canada will cut rates due to a slowing economy and high joblessness. Canada’s economy shrank by 1.6% in Q2 due to U.S. tariffs, with estimates suggesting a possible contraction in Q3. Most expect a 25-basis-point cut to 2.25%, despite concerns over inflation exceeding target levels. Announcement expected on October 29.

Read more at Yahoo Finance: Bank of Canada poised to cut rates to 2.25% amid economic slowdown