Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
RBA Reassesses Pricing Behaviors and Policy Impact Amid Inflation Pressures 
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
RBA Minutes Signal Growing Caution on Future Rate Cuts Amid Persistent Inflation 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
BOJ Governor Ueda Meets Key Ministers as Markets Eye Policy Shifts Under New Leadership 
RBNZ Cuts Interest Rates Again as Inflation Cools and Recovery Remains Fragile 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
FOMC Minutes Expected to Reveal Deep Policy Divide as Markets Eye December Rate Cut 
The Bank of Canada (BoC) cut its benchmark interest rate to 2.25% on Wednesday, a move that was generally expected by markets. The central bank's most recent policy statement, the first since January, provided a clearer picture of how US trade moves are affecting Canada's economy and inflation outlook.
The Bank of Canada now forecasts 1.2% GDP growth in 2025, 1.1% in 2026, and 1.6% in 2027, indicating a gradual but consistent recovery. Inflation is predicted to hover near the 2% target for the projection period, albeit underlying price pressures remain slightly excessive at roughly 2.5%.
Policymakers highlighted that the current rate level is suitable for stabilizing inflation while cushioning the economy during a period of structural restructuring. However, the Governing Council reaffirmed that it stands ready to change policy if inflation or economic trends depart from expected levels.
