# Bank of Canada cuts to 2.25%, rates ‘about the right’ level - CMT News

> The Bank of Canada cut its benchmark rate by 25bp to 2.25%, the lowest since July 2022, citing lasting damage from US tariffs. It said the policy rate is about right if forecasts hold, and the Canadian dollar extended gains to C$1.3915 per US dollar, its strongest since October 1.

- Date: 2025-10-29 · published 2025-10-29T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/22651-bank-of-canada-cuts-to-2-25-rates-about-the-right-level-cmt-news
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Signals that BoC easing is ending support a firmer loonie, which can raise the USD cost of Canadian exports and slightly reduce their competitiveness in feed markets.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- canadianmortgagetrends.com: https://www.canadianmortgagetrends.com/2025/10/bank-of-canada-cuts-to-2-25-rates-about-the-right-level/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.