The Canada Bank reduced its interest rate at 25 basic points to three percent on Wednesday, the sixth consecutive reduction since June.
The tariff cut occurs when the president of the United States, Donald Trump, has threatened to impose a 25 percent rate on all Canadian imports, a measure that could reach as soon as February 1.
The rate of the rate marks a slowdown of the two strongest cuts from the Central Bank. He reduced his key rate at a half point in October and December, since inflation was around or below its two percent target.
The governor of the Bank of Canada, Tiff Macklem, said last month that the bank would probably slow down the rhythm of the cuts in the future.
More to come