加拿大央行再次削减关税风险。加拿大央行今天将政策利率再下调25个基点，至2.75%。这是该行连续第七次降息。

Bank of Canada Cuts Again on Tariff Risks.The Bank of Canada (BoC) cut its policy rate by another 25 basis points today, to 2.75%. This is the seventh straight meeting that the bank cut rates.

随着美国通胀下降，Nvidia复苏6%，特朗普撤回加拿大金属关税。随着美国通胀下降，Nvidia复苏6%，特朗普撤回加拿大金属关税

Nvidia recovers 6% as US inflation falls, Trump walks back Canadian metal tariff.Nvidia recovers 6% as US inflation falls, Trump walks back Canadian metal tariff

加拿大央行将利率降至2.75%，警告货币政策无法应对贸易战的影响。加拿大大银行公布了普遍预期的25个基点的降息，使隔夜利率降至2.75%。在其声明中，加拿大央行 他强调，迅速演变的贸易政策给经济前景注入了“比平时更多的不确定性”。

BoC lowers rates to 2.75%, warns monetary policy can't counter trade war fallout.BoC delivered a widely expected 25bps rate cut, bringing the overnight rate down to 2.75%. In its statement, BoC highlighted that the rapidly evolving trade policies are injecting “more-than-usual uncertainty” into economic outlook.

加拿大央行在3月份的决定中将其关键利率下调25个基点至2.75%，正如预期和之前所暗示的那样，这标志着自2024年6月宽松周期开始以来的降息幅度为225个基点。管理委员会指出，在过去政策利率下调的支持下，加拿大经济在第四季度的增长超出预期，但由于与美国的贸易冲突加剧，预计在今年年初增长将放缓。该行还指出，美国不断变化的关税威胁损害了消费者信心和投资预期的衡量标准，预计这将消除试图削弱贸易壁垒的公司引发的强劲经济活动。与此同时，在几个月来整体通胀率一直低于2%的目标后，税收抵免的结束预计将推动即将到来的通胀指标加速至2.5%，但在住房通胀预期缓解的情况下，核心指标将逐渐放缓。

The Bank of Canada cut its key interest rate by 25bps to 2.75% in its March decision, as expected and previously signaled, to mark 225bps in rate cuts since the start of its loosening cycle in June 2024. The Governing Council noted that the Canadian economy grew more than expected in the fourth quarter with support from the past cuts in the policy rate, but growth is expected to slow at the turn of the year due to increasing trade conflict with the United States. The bank also noted that the continuously changing tariff threats from the US hurt gauges of consumer confidence and investment expectations, which are expected to erase the strong economic activity triggered by firms attempting to undercut trade barriers. In the meantime, the end of tax credits are expected to drive incoming inflation gauges to accelerate toward 2.5% after headline inflation remained below the 2% target for multiple months, but core gauges are set to gradually slow amid an expected ease in shelter inflation.